$CETUS

📊 CETUS/USDT Technical Analysis: Bullish or Bearish Continuation Ahead? 🚀

The CETUS/USDT pair is currently trading at $0.4350, holding steady near key support and resistance zones. Let’s analyze the current market structure and identify potential trading opportunities.

🔑 Key Levels to Watch:

Support: Immediate support is at $0.4200, a level where the price has previously bounced. A strong hold above this level is crucial to maintaining a bullish outlook.

Resistance: The key resistance level lies at $0.4500, a level where price has struggled to break through in the past. A breakout above this level could open the door to further upside towards $0.4750.

📈 Entry Strategy:

Long Position: A breakout above $0.4500 with solid volume could signal the start of a bullish trend, with targets at $0.4750 and $0.5000.

Short Position: If the price fails to break $0.4500 and falls below $0.4200, a short position may be considered, targeting the next support level at $0.4000.

💡 Market Insight: CETUS/USDT is at a critical juncture. A breakout above $0.4500 could fuel bullish momentum, while a rejection at resistance might lead to a pullback toward lower support levels.

Conclusion: The $0.4200-$0.4500 range will dictate the next direction. A breakout above $0.4500 could signal further upside, while a drop below $0.4200 might lead to a retracement. Keep an eye on these levels and trade wisely! 🚀📊

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