$CTXC
CTXC/USDT Analysis
The price of $CTXC is showing significant weakness, trading in a bearish trend on the 1H timeframe. The chart highlights the following:
Resistance Zone: 0.4000 - 0.4107, where selling pressure is visible.
Support Zone: Around 0.3600, the price is currently consolidating near this level. A breakdown below this zone could trigger further downside.
Target: Your target towards 0.2819 suggests a strong bearish outlook, as the price still has room to fall significantly lower.
The trend remains bearish as the price structure shows lower highs and lower lows. A breakdown of the current support would confirm continuation toward your target.
