$CTK /USDT is trading at 0.9999 on the 15-minute chart, reflecting a 33.57% gain in the past 24 hours.
The price has shown a strong recovery from its low of 0.7427 and is consolidating after reaching a 24-hour high of 1.2572. Key support lies at 0.9500, while immediate resistance is observed at 1.0500. An entry at the current price of 0.9999 is favorable, with profit targets set at 1.0300, 1.0700, and 1.1000 for short-term gains.
To manage risks effectively, a stop-loss is suggested below 0.9400. The RSI and MACD indicate consolidation, suggesting the potential for a continuation of the bullish trend if the price breaks above resistance.
Traders should monitor volume closely for confirmation of the next move.
