🔥 $CETUS /USDT Retracing After Rally – Is a Bounce Imminent? 🔥
$CETUS /USDT has surged by 26.93% over the past 24 hours, currently trading at $0.4261 after hitting a high of $0.4584. The price is now retracing from its peak, testing support levels as it consolidates.
A strong support level at $0.4200 offers a potential entry for a bounce, with targets closely aligned at $0.4300, $0.4400, and $0.4500, keeping the probability of hitting profit levels higher. However, a stop-loss at $0.4100 is recommended to mitigate downside risks. Traders should monitor the resistance at $0.4350, as breaking above this level could reignite bullish momentum.
Stay vigilant and manage risk as volatility remains high during this consolidation phase.