$CETUS

CETUS/USDT Analysis: Current Price at $0.3590 — Key Levels & Strategy

CETUS is currently trading at $0.3590, and here's a comprehensive analysis to guide your trading decisions:

Support Level: $0.3400

The support level at $0.3400 is critical. A bounce from this level could lead to a potential upward move, while a breakdown below $0.3400 would suggest further downside risk, with the next support likely at $0.3200.

Resistance Level: $0.3700

The resistance around $0.3700 is significant. If CETUS can break through this level with strong volume, the price could target the next resistance zone around $0.3800, signaling a continuation of the bullish trend.

Entry Strategy:

Bullish Entry: Look for a breakout above $0.3700 with confirmation from volume. This could offer a favorable entry point with a target towards $0.3800, and a stop loss just below $0.3400 to limit potential losses.

Range Trading: For range traders, consider buying near $0.3400 and selling at $0.3700. Place a tight stop loss just below $0.3400 to protect your position.

Conclusion

CETUS/USDT is currently testing key support and resistance levels. A breakout above $0.3700 could fuel further bullish momentum, while failure to hold $0.3400 may push the price lower. Keep these levels in mind for potential trade setups!

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