📈 *Important update for $CTK
* 📊
$CTK has achieved a strong breakout during the day from a base of $0.24, extending towards $0.28 before witnessing a controlled pullback. The price is now stabilizing above the previous breakout area, maintaining the short-term bullish structure as long as support remains intact.
_Trading Setup_:
- _Entry Point for Buy_: $0.258 – $0.265 📍
- _Profit Taking Targets_:
- _Target 1_: $0.275 🚀
- _Target 2_: $0.285 📈
- _Target 3_: $0.300 💥
- _Stop Loss_: $0.245 ⚠️
_Technical Analysis_:
- _Bullish Momentum_: $CTK shows continued upward movement with the price remaining above support 🔄.
- _Bullish Continuation_: As long as the price stays above $0.255–$0.258, buyers remain in control, and it could pave the way for further upward movement towards the upper resistance area 📈.
The currency shows potential for an upward movement with a possibility of a bullish trend 🚀.