CTK recorded a strong short-term price surge, supported by bullish technical indicators, while signs of overheating are emerging.
Key Points
Technical Strength: Bullish EMA alignment and a MACD crossover indicate strong upward momentum.
Market Caution: Overbought RSI conditions and notable money outflows suggest risk of a short-term pullback.
Project Credibility: CertiK’s latest security report may strengthen long-term confidence in the project.
Summary
CTK is benefiting from solid technical momentum and positive fundamentals, but short-term indicators point to possible consolidation or correction ahead.
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