$CTK has broken through the 0.13 level and is now trading at 0.1385.
Round-number levels don’t have any special meaning in themselves, but orders, stop-losses, and psychological expectations tend to cluster around them, so the tug-of-war between bulls and bears is often intense.
The key is whether it can hold 0.13 on a retest. If it does, resistance will turn into support. Which direction do you think is more likely?
#CTK
Round-number levels don’t have any special meaning in themselves, but orders, stop-losses, and psychological expectations tend to cluster around them, so the tug-of-war between bulls and bears is often intense.
The key is whether it can hold 0.13 on a retest. If it does, resistance will turn into support. Which direction do you think is more likely?
#CTK