$CTK /USDT — BULLISH CONTINUATION WITH BREAKOUT POTENTIAL
Market Structure:
$CTK /USDT is maintaining a bullish market structure, holding firmly above key moving averages. The price action shows higher lows with strong acceptance above MA(7), MA(25), and MA(99), confirming trend strength and buyer dominance.
Trend & Momentum:
All major moving averages are sloping upward, indicating healthy momentum. Recent expansion with controlled pullbacks suggests accumulation rather than distribution. Volume remains supportive of continuation.
Key Levels:
Major resistance zone: 0.2819 – 0.2833
Strong support zone: 0.2560 – 0.2540 (MA(99) + demand area)
TRADE SETUP (LONG BIAS)
Entry (Long):
Pullback entry near 0.2620 – 0.2660 with bullish confirmation
Or breakout and retest above 0.2835
Targets (TP):
TP1: 0.2950
TP2: 0.3200
TP3: 0.3500
Stop Loss (SL):
Below 0.2490 (below key structure and MA support)
RISK MANAGEMENT
Risk only 1–2% per trade, secure partial profits at each target, and move stop loss to breakeven after TP1 to protect capital.
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