The current price of $CETUS /USDT on the 15-minute chart is 0.4050. The price recently tested its resistance at 0.4580, which now serves as the immediate level to watch for a potential bullish breakout.
On the downside, support is established at 0.3988, acting as a safety net for further downward pressure. A good entry point for a trade could be set around 0.4030 to align with current levels and minimize slippage.
For targets, traders can aim for TP1 at 0.4200, providing a near-term profit opportunity. TP2 could be positioned at 0.4350, and TP3 at 0.4500 to capture more extended gains.
To manage risk effectively, a stop-loss (SL) should be placed at 0.3900, just below the key support level, to safeguard against sudden price drops.
This trade setup offers a balanced risk-to-reward ratio with incremental profit targets for different trading styles.
