🚨 $CETUS /USDT: AT THE VERGE OF A POTENTIAL MOVE – STRATEGY INSIGHTS 🚨
The $CETUS /USDT 30-minute chart reveals a bullish channel formation, indicating consistent higher highs and higher lows. This suggests positive momentum, but traders need to stay alert for potential trend shifts.
📈 Resistance & Support Levels:
• Key Resistance: 0.3968 – A breakout above could signal further upward momentum.
• Critical Support: 0.3500 – Holding this level is essential to prevent a bearish reversal.
🔍 Entry Strategy:
• Long Entry: Enter around 0.3730 after confirmation of sustained buying pressure.
• Take-Profit Targets: 0.3850, 0.3900, 0.4000.
• Stop-Loss: Set at 0.3620 to manage risk.
• Short Entry: If price rejects the resistance at 0.3968 and shows signs of reversal, consider entering short.
• Target Zones: 0.3600, 0.3500.
• Stop-Loss: Place at 0.4030 to limit potential loss.
🔔 Long-term View: Sustained breakout above resistance can lead to new highs, while a break below support could spark a deeper correction. Always monitor volume and momentum for better insights into price action.
#AltcoinsAreBack #SOLFutureRise #DogeArmyComeBack #MicrosoftBitcoinRejection #NovemberMarketAnalysis