$CTK Long Liquidation Insight!
CTK just wiped out $1.37K in long positions at $0.28226, showing that buyers jumped in too early.
This flush removes weak hands and often creates space for a cleaner move.
Market Insight:
Price lost short-term support and is searching for stability. If volume dries up near the liquidation zone, a relief bounce is possible. Failure to hold may lead to another dip before recovery.
Next Move Bias:
Short-term volatile, bounce only after confirmation.
Targets:
TG1: $0.289
TG2: $0.301
TG3: $0.318
Pro Tip:
Wait for a strong close above the liquidation level before trusting longs.
CTK
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