1. Entry:
Enter the short trade when $CETUS /USDT breaks down below $0.3925 (current price slightly above at $0.39284).
2. Take-Profit Levels:
TP1: $0.3850 (short-term target)
TP2: $0.3760 (extended target for higher returns)
3. Stop-Loss:
Place a strict stop-loss at $0.4015, slightly above the recent resistance zone to protect against sudden reversals.
4. Analysis Summary:
Lower highs on the 15-minute chart suggest weakening bullish momentum.
Breakdown below $0.3925 confirms bearish continuation.
5. Risk-Reward Ratio:
A ratio of approximately 1:2 offers a favorable setup for risk management.
6. Strategy:
Enter at the designated breakdown level.
Book partial profits at TP1 to secure gains, then hold for TP2.
7. Market Volatility:
Since CETUS is up 6.42% today, ensure you monitor momentum shifts closely in case of sudden volatility spikes.
Notes:
Always trade with funds you can afford to lose.
Market conditions can change rapidly, so stay alert and disciplined.
If possible, use a trailing stop-loss to lock in profits if the price moves in your favor.
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