$CTK

#BTCNextDirection? /USDT Technical Analysis & Trade Signal

Current Price: $0.8587

Momentum: Bullish (Short-term upward trend; price nearing resistance levels).

Trade Signal: Buy (Momentum trade)

Entry Zone: $0.8400 - $0.8600

Stop Loss: $0.8000 (to limit downside risk).

šŸŽÆ Target Levels:

1. Target 1: $0.8800 (Immediate resistance, suitable for short-term profit).

2. Target 2: $0.9100 (Key breakout level; medium-term goal).

3. Target 3: $0.9500 (Extended target for strong bullish continuation).

Momentum Indicators:

RSI: Near 60, indicating bullish momentum but not yet overbought.

MACD: Positive crossover, confirming upward trend.

Volume: Increasing, suggesting strong buyer activity.

Recommendation: Watch for a breakout above $0.8650 with high volume to confirm momentum. If the price dips below $0.8000, reevaluate the trade.

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