$CETUS

Currently, the price of **Cetus Protocol (CETUS)** is trading at **$0.390783**, down **2.94%** compared to the previous session.

### **Technical Analysis**

1. **Price Chart and Trends:**

- The price of CETUS has decreased from the daily high of **$0.403347** to the low of **$0.381019**, indicating increasing selling pressure.

2. **Technical Indicators:**

- **RSI (Relative Strength Index):** Currently, the RSI is at a neutral level, showing no signs of overbought or oversold conditions.

- **MACD (Moving Average Convergence Divergence):** The MACD has recently crossed below the signal line, indicating the potential for continued downward trend in the short term.

3. **Support and Resistance Levels:**

- **Support:** The nearest support level is around **$0.380**, if broken, it could lead to deeper declines.

- **Resistance:** The significant resistance level is at **$0.410**, if surpassed, it may open up a new upward trend.

### **Trading Suggestions**

- **Buying Strategy:**

- Consider buying when the price approaches or bounces off the support level of **$0.380**, with the expectation of a recovery to the resistance level of **$0.410**.

- Set a stop-loss order below **$0.375** to minimize risk.

- **Selling Strategy:**

- Consider selling if the price fails to hold the support level of **$0.380**, predicting a continued downward trend.

- Set the profit target at **$0.410** if purchased at the support level.

### **Note**

- The cryptocurrency market is highly volatile; it is advisable to monitor closely and adjust strategies in a timely manner.

- Use risk management tools and do not invest money that you cannot afford to lose.

*Note: The above analysis is for reference only and does not guarantee investment results.* #Cetus $BTC