$CTXC

I am currently bearish on $CTXC because the chart shows significant downward momentum after breaking out of a prolonged consolidation phase. This indicates weakness in the price, and further downside seems likely.

Key observations:

Target: My next target for CTXC is 0.2664, while my stop loss remains near 0.5933.

The price has been trading in a range for a long time but has now moved sharply downward, suggesting a bearish continuation.

If the price fails to recover above the resistance at 0.5120, I expect further selling pressure.

#CTXC #CTXCUSDT

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