🚀 $CETUS /USDT Primed for Action: Breakout or Bounce? 🚀
$CETUS 0.3477 -0.29%
The 5-minute chart reveals a critical consolidation phase, suggesting a possible symmetrical triangle pattern. With the price hovering near $0.3477, this setup indicates a high likelihood of volatility.
📊 Key Levels to Watch:
Breakout Point: $0.3500 – A breakout above this level could ignite a bullish rally.
Support Zone: $0.3450 – Watch for a potential bounce if this support holds.
💡 Trade Plan:
Entry (Long): Above $0.3500, targeting $0.3550 for short-term gains and $0.3600 for the next move higher.
Stop-Loss: Set at $0.3445 to minimize risk.
Entry (Short): Below $0.3445, targeting $0.3400, with a stop-loss at $0.3500.
Stay alert for the breakout or a possible rebound from support. Both scenarios present exciting opportunities for quick profits! 🚀