🚨 Cetus/USDT: Massive Potential Ahead? 🚨
This chart is signaling a significant upward trend for CETUS, and here’s why this setup looks juicy:
Fibonacci Extensions 🚀: CETUS has crossed key Fibonacci levels and is heading towards major extension zones. The 1.618 extension at $0.35887 is a critical target, with higher levels like 2.618 ($0.55607) and 3.618 ($0.75326) in sight. This suggests high potential for price discovery if bullish momentum sustains.
Weekly Support Holding Strong 🛡️: CETUS has consistently bounced above the $0.08635 and $0.11514 retracement levels. These zones could act as strong support, signaling accumulation by buyers.
Breakout Momentum 🔥: The breakout past the 0.786 ($0.19481) level shows that bulls are in control. Closing above this level could lead to further upside towards $0.35887 and beyond.
Volume Confirmation Needed 📈: Watch for volume spikes that confirm bullish momentum. If volume aligns with price movement, it could amplify the breakout potential.
Next Targets 🎯: Immediate targets include $0.35887 and $0.55607, with the long-term target eyeing $1.14765 if momentum sustains.
💡 Trading Tip: Keep an eye on weekly close levels and set stop-loss orders below key support to manage risk effectively.
👍 Like, comment, and share if you're bullish on CETUS, or drop your thoughts on where it’s headed next!