🚨 $CTXC

/USDT Trade Signal 🚨

Current Price: $0.9027 (+16.22% in 24h)

24H High: $0.9044 | 24H Low: $0.7275

Volume: 27.39M CTXC

🟢 Long Setup: (Bullish Outlook)

Entry Zone: $0.8700 - $0.9000

Take Profit Targets:

TP1: $0.9100

TP2: $0.9400

Stop-Loss: Below $0.8600

Rationale:

The breakout above $0.8600 signals strong bullish momentum. Sustained volume and recent price action suggest the potential for upward continuation, with $0.9100 and $0.9400 as key resistance levels to target.

🔴 Short Setup: (Bearish Scenario)

Entry Zone: Below $0.8600 (on confirmed breakdown)

Take Profit Targets:

TP1: $0.8400

TP2: $0.8200

Stop-Loss: Above $0.8700

Rationale:

If the price fails to hold above $0.8600, a breakdown could trigger a correction towards $0.8200, with sellers gaining control.

📊 Technical Analysis:

Support Levels: $0.8600, $0.8200

Resistance Levels: $0.9100, $0.9400

Indicators:

RSI: Near overbought levels, suggesting caution for potential pullbacks.

Volume: Increasing trading volume supports bullish continuation, but watch for volume drops indicating exhaustion.

Moving Averages: Price trading above the 50-MA and 200-MA, indicating an overall bullish trend.

💬 Comment:

This is a high-momentum setup with strong buyer interest. Traders should stay vigilant for a retest of the $0.8600 level. Will $CTXC push past $0.9100 to hit $0.9400, or will sellers force a pullback? Drop your thoughts below! 📉📈