🔥 CETUS/USDT Updated Analysis – November 7, 2024

🚀 Current Price: $0.3704 (+94.44% in 24 hours)

📈 24-Hour High: $0.3950 | 24-Hour Low: $0.1905

Technical Overview:

RSI: 71.23 – the asset is close to the overbought zone, indicating a possible pullback.

Stochastic RSI: 85.11 – also confirms overbought conditions and the possibility of a correction.

Key Levels:

Resistance: $0.3950 – current high; a breakout of this level may give a new upward impulse.

Support: $0.3602 – local support in case of a pullback.

Recommendations:

🎯 Profit targets:

TP1: $0.3800

TP2: $0.3900

TP3: $0.3950

❗ Stop loss: $0.3500 – to minimize risks during correction.

⚠️ This is only a suggestion – always do your own analysis!

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