🚨$CTK CTK/USDT ALERT: Sharp Decline – What’s Next? 🚨
CTK is currently trading at $0.8387, experiencing a significant 15.27% drop over the last session. After reaching a high of $1.0213, the price retraced sharply and is now consolidating near support levels.
🔥 Key Levels to Monitor:
📈 Resistance: $0.9060 – Breaking this could see CTK rebound toward $1.021 and higher.
📉 Support: $0.8300 – A breach below this might lead to a further decline toward $0.7550.
💡 Market Insight:
The heavy sell-off indicates bearish momentum, but recovery potential exists if key supports hold. Watch for increased buying pressure at lower levels or further downside if support fails.
⚠️ Trading Tip:
Consider entering cautiously near support levels with a tight stop-loss below $0.825. Targets on recovery could be set near $0.95 and $1.02.
