šŸš€ $CETUS /USD ANALYSIS: TRADING AT $0.3883ā€”BREAKOUT LOADING? šŸš€šŸ“ˆ

The $CETUS /USD pair is currently priced at $0.3883, inching closer to key resistance levels. As the market sentiment grows bullish, traders are closely monitoring this pair for a potential breakout or retracement. Letā€™s break down the current setup.

šŸ“ˆ Market Conditions:

$CETUS/USD has reached a 24-hour high of $0.3920 and a low of $0.3800. The price is consolidating above the $0.3850 support level, with resistance at $0.3920. Increasing buying pressure indicates the possibility of a bullish continuation.

šŸ“Š High Probability Trade Scenarios:

Bullish Scenario: A breakout above $0.3920 could drive the price toward the next resistance at $0.4000.

Take Profit (TP): $0.4000

Stop Loss (SL): $0.3820

Bearish Scenario: If the price fails to hold above $0.3850, a pullback to test $0.3800 support could follow.

Take Profit (TP): $0.3800

Stop Loss (SL): $0.3900

šŸ”‘ Key Levels to Watch:

Resistance: $0.3920, $0.4000

Support: $0.3850, $0.3800

šŸ“ˆ Market Outlook:

$CETUS/USD is showing strong bullish momentum, with a possible breakout above $0.3920 leading to a move toward $0.4000. However, a failure to sustain current levels may trigger a pullback. Watch for increased volume to confirm the trend.

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