$CETUS $CETUS

CETUS/USD Price Analysis: Focus on the 0.3238 Level

CETUS/USD is currently trading at 0.3238, marking a pivotal point where key price action could drive the next major move. Traders should keep a close eye on this level as it presents an important area of support and resistance.

Support and Resistance:

Support: The 0.3238 level is holding as immediate support. If the price stays above this mark, a potential bullish move could be on the horizon. However, a break below 0.3238 would shift focus to the next support zone around 0.3150.

Resistance: On the upside, 0.3300 stands as a key resistance level. A confirmed break above this could lead to further gains, with the next resistance target likely at 0.3350.

Entry Strategy:

For long traders, a breakout above 0.3300 could provide an excellent entry opportunity, with upside potential targeting 0.3350. For short traders, waiting for a break below 0.3238 could offer a solid entry with the next support around 0.3150.

As CETUS/USD tests this critical level at 0.3238, the pair is poised for potential moves in either direction. Traders should monitor price action closely, as the next breakout or reversal could lead to profitable opportunities.

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