$CT — Downward pressure returns
CT Futures is at 0.37719 USDT, down 16.325% over 24 hours. The 1H candle just closed lower, falling from 0.38337 to 0.37716 and erasing most of the previous rebound; the new candle is still forming and has not closed.
🔴 Favor the downside if the 1H candle closes below 0.37631. If so, watch 0.37420 and then 0.36640, both based on established OHLCV lows. This outlook is invalidated if the 1H candle closes above 0.38442. The short-term structure remains highly volatile, so wait for the candle to close rather than reacting to a brief break below the low.
Personal observation, not a recommendation. Risk 1%; always use a stop-loss.
#CT #Crypto #Futures
CT Futures is at 0.37719 USDT, down 16.325% over 24 hours. The 1H candle just closed lower, falling from 0.38337 to 0.37716 and erasing most of the previous rebound; the new candle is still forming and has not closed.
🔴 Favor the downside if the 1H candle closes below 0.37631. If so, watch 0.37420 and then 0.36640, both based on established OHLCV lows. This outlook is invalidated if the 1H candle closes above 0.38442. The short-term structure remains highly volatile, so wait for the candle to close rather than reacting to a brief break below the low.
Personal observation, not a recommendation. Risk 1%; always use a stop-loss.
#CT #Crypto #Futures
