š$CETUS / USDT Market Analysis
Current Price: $0.3485
Change: +5.93% š
24H High: $0.3665
24H Low: $0.3145
$CETUS , a rising DeFi asset, is demonstrating strong bullish performance, with nearly 6% gains in the last 24 hours.
Key Chart Insights (15-Minute Timeframe):
Moving Averages:7-MA (yellow): $0.3491 ā serving as a dynamic resistance currently.25-MA (pink): $0.3492 ā aligning closely with the short-term price action.99-MA (purple): $0.3438 ā acting as a long-term support trendline.Support Levels:Immediate support observed at $0.3427, tested multiple times.Long-term support resides at $0.3338, aligned with recent higher lows.Resistance Levels:$0.3503 is a key level to watch, with the 24-hour high at $0.3665 representing the next significant resistance.
Volume Analysis:
CETUS Volume: 31.14MUSDT Volume: 10.63M
A significant increase in trading volume underscores growing market interest and bullish sentiment.
š” Trading Strategy:
Watch for a breakout above $0.3503 for potential upside targets of $0.3550ā$0.3600. In case of a pullback, consider buying near $0.3427 for low-risk entries aligned with the long-term trend.
Is CETUS ready for a breakout, or will we see consolidation in the short term? Share your thoughts and trading setups!
