$CETUS /USDT Analysis and Target Update
Current Price: $0.3824 (+8.11%)
Timeframe: 1-hour chart (Binance)
Technical Overview:
$CETUS is showing steady upward momentum, driven by an 8.11% daily gain and consistent trading activity. With a 24-hour trading volume of 44.78M CETUS, the market indicates strong interest in this DeFi token.
Key Levels:
Support: $0.3700 – A critical level to maintain bullish momentum.
Resistance: $0.3900 – Near the recent high and a breakout zone.
Targets:
Short-Term Target: $0.4000 – A psychological and technical resistance level.
Extended Target: $0.4200 – Potential upside if bullish momentum continues.
Strategy:
Bullish Case: If CETUS breaks above $0.3900 with volume, expect a rally toward $0.4000 and beyond.
Bearish Case: A drop below $0.3700 could lead to a retest of $0.3500.
CETUS is positioned as a promising DeFi token with ongoing market interest. Traders should monitor volume and price action closely for breakout confirmation.
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