CETUS rises, but requires caution — lessons from those who have already been stopped out
CETUS has experienced an impressive appreciation, rising from a low of $0.0763 to reach $0.2135, but now it is correcting and returning to the region of $0.1969, with a daily drop of -6.99%.
In the 3D chart:
The EMA(7) is almost at the current price ($0.1977), acting as the first dynamic support.
The EMA(25) is much lower, at $0.1686, which allows for a larger correction without invalidating the recovery trend.
The RSI(6) is at 56.67, a neutral zone — that is, the asset can still fall or rise without technical restriction.
Volume has dropped significantly compared to the previous explosion, which requires attention — the upward movement may have been temporary and motivated by hype or a short squeeze.
Important zones:
Support: $0.197 (EMA7) and $0.168 (EMA25)
Resistance: $0.2135 (recent peak) and $0.28 (next target if it breaks)
My personal view:
CETUS has already given me a bitter stop, so my outlook here is more cautious. Although the chart shows a technical recovery, I do not see a safe entry at the moment without a clear sign of reversal or strong volume returning.
Sometimes, the best trade is the one we don’t make — and learning from loss is part of the game.
And you, have you ever been stopped out by a CETUS of life? Or are you looking at a re-entry with more criteria?
#Write2Earn #CETUS