CTSI/USDT is potential revisit the demand before back to upward!💎 Paradisers, CTSI is indeed demonstrating intriguing movements that merit close attention.
💎 The successful breakout from the descending channel suggests bullish momentum for CTSI. Currently, the price appears poised to test the demand area around 0.195, which could serve as a launching pad for a significant upward movement, aiming to retest the supply area around 0.279.
💎 If CTSI manages to break above the supply area at 0.279, it could pave the way for further upward movement, potentially reaching our target strong resistance area.
💎 However, it's crucial for CTSI to bounce from the demand area to maintain bullish momentum. A failure to do so, and instead showing signs of consolidation or weakness, could lead to a breakdown below the demand area, signaling a potential continuation of the downward movement. In such a scenario, the price may revisit the key support area around 0.1515.
💎 When CTSI reaches the key support area, it's essential for it to bounce back and reclaim the price above the demand zone to sustain upward momentum. Failure to do so could signify a bearish trend shift, potentially resulting in further downward movement.
💎 Traders should closely monitor CTSI's price action around these key levels and adjust their strategies accordingly. A break below the key support area, confirmed by a daily candle close below it, would invalidate the bullish scenario and could lead to continued downward movement.
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