$CETUS
/USDT Technical Analysis & Trade Signals
Current Price: $0.3818 (+19.69%)
Momentum: Bullish
Technical Indicators:
Moving Averages (MA/EMA): Price is above both short and long-term MAs, confirming upward momentum.
Bollinger Bands: Price is near the upper band, indicating potential overbought conditions but strong buying pressure.
MACD: Positive crossover, signaling a continuation of the bullish trend.
RSI: Approaching overbought territory (~70), suggesting caution for new entries.
Trade Signals:
1. Buy Zone: $0.3700–$0.3800 (on pullbacks).
2. Targets:
🎯 Target 1: $0.4000 (short-term resistance).
🎯 Target 2: $0.4200 (next key resistance level).
🎯 Target 3: $0.4500 (strong bullish breakout).
3. Stop Loss: $0.3550 (below recent support).
Trade Momentum:
Short-Term: Strong bullish. Look for breakouts or retracements to enter.
Mid-Term: Momentum is sustained if volume and market sentiment remain positive.
Risk Note: Monitor for corrections near resistance levels.
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