$CETUS : At a Crossroads – Bounce or Breakdown?

Current Price: $0.3361 (-5.22%)

24h High: $0.3657 | 24h Low: $0.3180

The recent drop in CETUS shows signs of consolidation near its key support. Buyers are cautiously stepping in, with slight volume recovery hinting at a potential bounce.

Key Levels to Watch:

• Support: $0.3180 - The recent low could act as a pivot zone.

• Resistance: $0.3457 (25 MA) - Needs to be reclaimed for upside momentum.

Technical Analysis:

The price is struggling under the 25 and 99 moving averages, suggesting bears still control the short-term trend. However, the support at $0.3180 is holding, and any breakout above $0.3457 could fuel a recovery.

Strategy:

• Bullish Scenario: A sustained move above $0.3457 could target $0.3650.

• Bearish Scenario: A breakdown below $0.3180 might lead to further downside, with $0.3000 as the next support.

Stay vigilant for volume spikes to confirm direction!

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