$CTXC
/USDT Technical Analysis
Price Update: CTXC is trading at $0.3295, showing a notable 20.12% gain in the last 24 hours. The volume surge hints at growing market interest, and the price momentum could lead to key targets ahead.
Potential Targets ๐ฏ:
1. $0.3500 (Resistance Zone)
This level aligns with previous sell-offs and marks a crucial barrier. A breakout here could attract further bullish activity.
2. $0.3750 (Mid-term Target)
If momentum sustains, this level is achievable, backed by increased buying pressure. Keep an eye on trading volume to confirm strength.
3. $0.4000 (Long-term Target)
A psychological level that could become the next milestone if the market sentiment remains positive.
Support Levels:
$0.3100: First support to watch in case of a pullback.
$0.2726: Yesterday's low, acting as a safety net.
Indicators to Watch:
RSI: Approaching overbought levels, signaling strong momentum.
Moving Averages: Short-term averages crossing above long-term, reinforcing bullish sentiment.
Trade cautiously, and set stop-losses wisely!