$CETUS $CETUS
đ CETUS/USD Analysis: Trading at $0.4134 â Key Levels to Watch
At $0.4134, Cetus (CETUS) is displaying a key moment for traders. Hereâs a quick breakdown of the support and resistance levels that could help guide your next moves.
đ» Support Levels:
$0.4000: The primary support zone. If CETUS falls to this level, thereâs potential for a strong bounce. Look for confirmation before entering a long position, as this could serve as a solid entry point.
$0.3900: If the price continues to dip, the next support area lies at $0.3900. A retest here could offer an even better buying opportunity for long-term holders.
đ Resistance Levels:
$0.4250: The immediate resistance. If CETUS breaks above this level, expect further upward movement. Keep an eye on volume to confirm a breakout, and consider a long position if the price holds above this threshold.
$0.4400: A more significant resistance point. A break above $0.4400 could lead to a bullish trend towards higher levels, potentially reaching $0.4500 and beyond.
đ Trading Strategy:
Bullish Setup: If CETUS breaks and holds above $0.4250, it could be time to enter a long position, with targets at $0.4400 and $0.4500.
Bearish Setup: A drop below $0.4000 would signal a bearish trend, making it a potential short entry with targets at $0.3900.
Key Takeaway: CETUS/USD is sitting in a critical range. Pay close attention to whether it can break above $0.4250 for a bullish continuation or fall below $0.4000 to trigger a bearish trend. Stay sharp and trade smart! đčđ
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