$CETUS /USDT: Bull Run Momentum Continues!
The $CETUS /USDT pair is showing strong bullish activity after a confirmed breakout above the critical $0.3500 support zone. The price is currently trading at $0.3583 (+6.1%), with increasing buying pressure.
๐ Key Levels to Watch:
Entry Zone: $0.3550 - $0.3600
Immediate Target: $0.3800
Next Target: $0.4000
Stop Loss: $0.3400 (to manage downside risk)
๐ Analysis:
The breakout above the $0.3500 support zone was accompanied by strong volume, confirming bullish sentiment.
A successful retest of the support zone solidifies it as a strong base, paving the way for a potential rally to $0.3800 and beyond.
If momentum sustains, long-term holders could see upside potential above $0.4000.
โ ๏ธ Trading Strategy:
1. Entry: Consider entering positions between $0.3550 and $0.3600.
2. Profit-Taking: Take partial profits near $0.3800 and adjust stop loss to lock in gains.
3. Risk Management: Maintain a stop loss at $0.3400 to mitigate losses in case of reversals.
4. Market Monitoring: Keep an eye on market trends and volume to detect early signs of a potential reversal.
With bullish sentiment and solid technical support, CETUS could continue its upward trajectory. Trade cautiously and stick to your risk management plan.