$CTSI 1H — Sitting at Support, Bounce or Breakdown Next?
Long
$CTSI Entry: 0.0366 – 0.0372
Stop Loss: 0.0349
Targets:
• TP1: 0.0385
• TP2: 0.0400
• TP3: 0.0430
CTSI is trading around 0.0369, after a sharp intraday selloff and a clean series of lower highs + lower lows on the 1H chart.
Market Structure:
• Trend remains bearish
• Price is now testing the 0.0356–0.0369 support zone
• A bounce from here could fuel a short-term relief rally
• A breakdown below support may open the door for deeper downside
Invalidation:
A strong 1H close below 0.0356 weakens the bullish bounce idea.
Key Levels to Watch:
• Support: 0.0356 / 0.0349
• Resistance: 0.0385 / 0.0400 / 0.0430
Summary:
CTSI is at a critical decision point. Bulls need to defend support and reclaim 0.0385 to shift momentum. Until then, the chart still favors sellers.
Trade with confirmation. Manage risk. Respect your stop.
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