๐Ÿšจ $CETUS /USDT: AT THE VERGE OF A POTENTIAL MOVE โ€“ STRATEGY INSIGHTS ๐Ÿšจ

The $CETUS /USDT 30-minute chart reveals a bullish channel formation, indicating consistent higher highs and higher lows. This suggests positive momentum, but traders need to stay alert for potential trend shifts.

๐Ÿ“ˆ Resistance & Support Levels:

โ€ข Key Resistance: 0.3968 โ€“ A breakout above could signal further upward momentum.

โ€ข Critical Support: 0.3500 โ€“ Holding this level is essential to prevent a bearish reversal.

๐Ÿ” Entry Strategy:

โ€ข Long Entry: Enter around 0.3730 after confirmation of sustained buying pressure.

โ€ข Take-Profit Targets: 0.3850, 0.3900, 0.4000.

โ€ข Stop-Loss: Set at 0.3620 to manage risk.

โ€ข Short Entry: If price rejects the resistance at 0.3968 and shows signs of reversal, consider entering short.

โ€ข Target Zones: 0.3600, 0.3500.

โ€ข Stop-Loss: Place at 0.4030 to limit potential loss.

๐Ÿ”” Long-term View: Sustained breakout above resistance can lead to new highs, while a break below support could spark a deeper correction. Always monitor volume and momentum for better insights into price action.

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