Major Short Liquidation Alert on $CETUS

A significant short liquidation of $4,991.6 occurred at a critical price level of $0.3804. This signals intense market activity and a potential turning point for $CETUS

What Does This Mean.

Short Liquidation happens when traders betting on the price going down (short positions) are forced to close their positions due to a sudden price surge.

The price level of $0.38755 served as a major resistance, triggering this liquidation.

Key Levels to Watch:

Support Zone: $0.3600 - $0.3750 (Potential buy zone if the price retraces).

Resistance Zone: $0.4000 - $0.4150 (Breakout here could fuel a rally).

Immediate Target: $0.4200 (If bulls take control).

Market Sentiment:

This liquidation indicates bullish momentum as shorts are getting squeezed. Watch for increased buying pressure above $0.38755.

Trade with Caution:

Stop Loss: Place below $0.3600 to manage risk.

Risk Management: Keep an eye on trading volumes and volatility spikes.

Will $CETUS Rally Next or Face Resistance?

Get ready for action as the market decides its next move.

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