$CTK (Shentu) is currently showing some cooling off after a recent volatility spike. Here is a quick look at the charts:
🔹 Current Price: $0.2265 (-4.67%)
🔹 Trend: Trading slightly below the MA60 ($0.2273). A daily close above this level could spark a bullish reversal.
🔹 Support: Holding strong near the $0.2238 zone.
🔹 Strategy: Watch for a breakout above $0.2280 for a potential long entry towards $0.24. However, stay cautious as the 1-year trend is down by 61%.
Is this a "buy the dip" moment or should we wait for more confirmation? Let me know your thoughts! 👇
