CT BREAKS THROUGH SUPPORT, REVERBERATING SELL PRESSURE 🚨⚡
CT shattered the $0.395 order block on the 4‑hour chart, pulling the price 20 % lower to $0.39277 and snapping the EMA back beneath the 24‑hour trend line 🚨. Spot volume surged past $32 M, indicating aggressive liquidation rather than fresh buying pressure ⚠️. The breach forced the price into the immediate support corridor at $0.39251, eroding the last bullish cushion that held since the $0.497 high.
The move appears more structural than a routine correction; the order block that previously anchored demand has been consumed, and price action is now testing a deeper valley near $0.3906 ⚡. If $CT rebounds above the $0.395 zone, the mid‑range $0.44425 could act as a magnet for buying, but a failure to hold the $0.3925 floor would likely invite further downside toward the next liquidity pool around $0.3700 📉.
Levels to monitor:
Watching support around $0.3906
Structure suggests resistance near $0.4954
Mid range area: $0.4443
DYOR
Follow for Updates
#CT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
CT shattered the $0.395 order block on the 4‑hour chart, pulling the price 20 % lower to $0.39277 and snapping the EMA back beneath the 24‑hour trend line 🚨. Spot volume surged past $32 M, indicating aggressive liquidation rather than fresh buying pressure ⚠️. The breach forced the price into the immediate support corridor at $0.39251, eroding the last bullish cushion that held since the $0.497 high.
The move appears more structural than a routine correction; the order block that previously anchored demand has been consumed, and price action is now testing a deeper valley near $0.3906 ⚡. If $CT rebounds above the $0.395 zone, the mid‑range $0.44425 could act as a magnet for buying, but a failure to hold the $0.3925 floor would likely invite further downside toward the next liquidity pool around $0.3700 📉.
Levels to monitor:
Watching support around $0.3906
Structure suggests resistance near $0.4954
Mid range area: $0.4443
DYOR
Follow for Updates
#CT #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare