$CETUS
/USDT Technical Analysis and Trade Signal
Current Price: $0.3697
Momentum: Bullish (+22.17% in 24 hours)
Technical Indicators:
1. RSI: In the overbought zone (>70), indicating strong buying pressure.
2. MACD: Bullish crossover observed, confirming upward momentum.
3. Moving Averages:
20 EMA: Price is above, signaling bullish momentum.
50 EMA: Also below the price, supporting a long-term uptrend.
Trade Signal:
Type: Buy on Breakout or Pullback Entry
Look for a breakout above $0.3743 for further confirmation. Alternatively, wait for a pullback near $0.3555 to enter a long position.
Target 🎯 Levels:
1. Target 1: $0.3900
2. Target 2: $0.4100
3. Target 3: $0.4500
Stop-Loss:
Place a stop-loss at $0.3300 to limit downside risk.
Disclaimer: Cryptocurrency trading involves risk. Conduct your own research before investing.
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