🔴 $CT : Can Buyers Defend $0.26 or Is Another Drop Coming?
A $2.4261K long liquidation at $0.26 suggests leveraged buyers faced pressure around this price. The next battle is whether CT can reclaim resistance or continue moving lower.
📊 Support: $0.250–$0.260
🚧 Resistance: $0.270–$0.280
🎯 Target 1: $0.270
🎯 Target 2: $0.280
🎯 Target 3: $0.295
🛑 Stop-loss: $0.244
My view: Holding $0.250–$0.260 and breaking above $0.270 could create a recovery opportunity. If CT loses $0.250 with strong selling volume, the bullish scenario weakens considerably.
Wait for a confirmed reclaim or breakdown instead of chasing a sudden candle. Capital protection comes first.
#CT #CryptoTrading #Liquidation #TechnicalAnalysis
A $2.4261K long liquidation at $0.26 suggests leveraged buyers faced pressure around this price. The next battle is whether CT can reclaim resistance or continue moving lower.
📊 Support: $0.250–$0.260
🚧 Resistance: $0.270–$0.280
🎯 Target 1: $0.270
🎯 Target 2: $0.280
🎯 Target 3: $0.295
🛑 Stop-loss: $0.244
My view: Holding $0.250–$0.260 and breaking above $0.270 could create a recovery opportunity. If CT loses $0.250 with strong selling volume, the bullish scenario weakens considerably.
Wait for a confirmed reclaim or breakdown instead of chasing a sudden candle. Capital protection comes first.
#CT #CryptoTrading #Liquidation #TechnicalAnalysis