$CETUS /USDT Technical Analysis: Bullish Momentum Building?

$CETUS /USDT is trading at $0.4290, showing a +8.17% gain today and maintaining positive momentum over the past 30 days (+18.80%). The price is forming a potential support near $0.4200, signaling a rebound opportunity.

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Trading Signal: CETUS/USDT

Entry Zone: $0.4200 - $0.4300

Targets:

1. $0.4500 (Short-term resistance)

2. $0.4700 (Mid-term breakout zone)

3. $0.4930 (24h High and key resistance level)

Stop Loss: Below $0.4100

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Market Insight

Support Area: $0.4200 serves as strong short-term support, with buyers showing renewed strength.

Volume: Increased volume near support suggests bullish interest. Watch for confirmation with a move above $0.4500.

Trend Outlook: A close above $0.4700 could open the door for a test of the psychological resistance near $0.5000.

Traders are advised to manage risk effectively and monitor volume spikes to confirm trend continuation.

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