$CETUS /USDT Analysis and Target Update

Current Price: $0.3824 (+8.11%)

Timeframe: 1-hour chart (Binance)

Technical Overview:

$CETUS is showing steady upward momentum, driven by an 8.11% daily gain and consistent trading activity. With a 24-hour trading volume of 44.78M CETUS, the market indicates strong interest in this DeFi token.

Key Levels:

Support: $0.3700 – A critical level to maintain bullish momentum.

Resistance: $0.3900 – Near the recent high and a breakout zone.

Targets:

Short-Term Target: $0.4000 – A psychological and technical resistance level.

Extended Target: $0.4200 – Potential upside if bullish momentum continues.

Strategy:

Bullish Case: If CETUS breaks above $0.3900 with volume, expect a rally toward $0.4000 and beyond.

Bearish Case: A drop below $0.3700 could lead to a retest of $0.3500.

CETUS is positioned as a promising DeFi token with ongoing market interest. Traders should monitor volume and price action closely for breakout confirmation.

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