The $CETUS /USDT 15-minute chart currently shows strong bullish activity, with the price at 0.3724, up by 30.39% over the past 24 hours.
The chart reached a recent high of 0.3968 but has since consolidated slightly. For traders aiming to capitalize on this movement, an optimal entry point would be around 0.3700 to catch potential upward momentum.
The immediate resistance is at 0.3800, with profit targets set at 0.3900 (TP1), 0.4000 (TP2), and the recent high of 0.4050 (TP3) for incremental gains.
On the support side, 0.3600 serves as a crucial level to watch, acting as a safeguard against pullbacks.
To manage risk effectively, a stop-loss (SL) can be set at 0.3550, just below the support.
This approach positions traders for potential gains while ensuring measures are in place for price reversals.
