【Old Curians Watch】
$CT High risk—strictly follow trading discipline. If it breaks below a certain level, remember to cut losses in time.
Yesterday just had its TGE, and today Binance has also listed the CTUSDT perpetual contract, with a maximum 20x leverage. What’s most outrageous about this coin right now isn’t the price increase—it’s the trading volume.
CT is currently around $0.41. The 24-hour trading volume has already exceeded $260M, while its market cap is only about $21M.
Yesterday it surged from around $0.05 all the way to $0.495. Today, although it has pulled back, the trading volume is still there.
I’ll focus on the $0.38–$0.40 range.
If it can break back above $0.45 with strong volume, and then go on to challenge yesterday’s $0.495 high, that would indicate this round of capital inflow hasn’t ended yet. If the volume quickly dries up and $0.38 is broken, then yesterday’s explosive rally looks more like a short-term capital game after the TGE.
Entry: $0.390 – $0.417
Take profit: $0.450 / $0.500 / $0.560 / $0.630 / $0.720
Stop loss: $0.365