Post
Julie B
$CT bounce should be treated cautiously after the breakdown from $0.48.
Price recovered from $0.40545, but it remains below the falling MA10 and MA20. This makes a relief-rally rejection more convincing than an immediate bullish reversal.
Short entry: $0.456–$0.463
SL: $0.4705
TP1: $0.4445
TP2: $0.4300
TP3: $0.4055
A strong hourly close above $0.4705 invalidates the bearish setup.
Educational only not financial advice.
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