CETUS/USDT Quick Analysis (19:25 - 15/11/2024):

➤ Resistance: 0.4042 - Price just touched this level, if broken, the uptrend may continue.

➤ Support: 0.3407 - This is the nearest support zone, could be a good buy point if price falls here.

➤ Short-term bullish signal with short MA (7 and 25) crossing up long MA (99).

Trading Strategy:

➤ Buy: If price stays above 0.3700 - 0.3800, this could be a good entry zone to catch the uptrend.

➤ Take Profit: Set target at 0.4042 and higher at 0.4500 if resistance is broken.

➤ Stop Loss: Set below 0.3407 to preserve capital if the trend reverses.

Note: Keep an eye on the trading volume, if it spikes along with the price momentum, it is a sign of strengthening the current trend.

Every day, Cripto will post similar analysis with different coins. Follow CRIPTO (@caocaoo2211 ) to update technical indicators or interesting information about crypto!

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Note: The crypto market is highly volatile, and relying on technical analysis does not guarantee results. Consider and make decisions based on your risk tolerance.