Technical analysis by rainbow_sniper about Symbol CTK: Buy recommendation (12 hour ago)

🔔 CTKUSDT Swing Trade Setup – Bottom Confirmed, Uptrend in ProgressMarket Context:CTK has completed its W-shaped bottoming process, retracing over 80% from the high of $0.98 to the bottom at $0.213. After multiple sessions of accumulation around the $0.213 area, price has gradually recovered to $0.2834, showing early signs of a potential mid-term uptrend.While the price increase isn't explosive (yet), the technical structure now supports a bullish swing opportunity. This setup is based on weekly bottom confirmation and progressive bullish structure on daily candles.📌 Trade Plan (Swing Spot)Trade Type: Buy Spot (Swing Strategy)Entry Zone: $0.213 – $0.28Target Zone: $0.55 – $0.75Trailing Strategy: Monitor D1 peaks for trailing exit.🧭 Notes:Risk management is key. Position sizing should align with your personal risk tolerance.The setup aligns with a larger cycle recovery, so patience is required.Watch for breakout confirmation and daily momentum signals.🚀 CTK may not pump fast, but it's quietly rebuilding strength. Let's ride the wave.#CTK #CTKUSDT #SwingTrade #CryptoAnalysis #SpotTrading #Altcoins #TradingViewIdeas