CT Drops 15%+ — Bearish Target Hit and Exceeded
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When I analyzed Concrete, I said something important:
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A promising project doesn’t always mean a bullish token.
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$CT rejected from the Cumulative Short Liquidation Leverage ($0.144-$0.147), exactly where I expected selling pressure to increase.
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From there, CT dropped more than 15%, reached my PRZ ($0.120-$0.128), and even extended the move toward $0.120.
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This is why I always watch price action and liquidity alongside fundamentals.
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The project can be strong — while the token still moves lower.
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What do you think comes next for CT: recovery from $0.120 or another leg down?
⠀
When I analyzed Concrete, I said something important:
⠀
A promising project doesn’t always mean a bullish token.
⠀
$CT rejected from the Cumulative Short Liquidation Leverage ($0.144-$0.147), exactly where I expected selling pressure to increase.
⠀
From there, CT dropped more than 15%, reached my PRZ ($0.120-$0.128), and even extended the move toward $0.120.
⠀
This is why I always watch price action and liquidity alongside fundamentals.
⠀
The project can be strong — while the token still moves lower.
⠀
What do you think comes next for CT: recovery from $0.120 or another leg down?
