$CETUS

[CETUS/USDT Trade Setup]

Spot Swing Trade – Daily Timeframe

Price: $0.1696

24h Change: -27.02%

Volume Spike: 575M CETUS

Structure Level Low: $0.0763

📌 Trade Plan

Entry Zone: $0.1600 – $0.1750

Stop Loss: $0.1440 (below last swing low)

Take Profit Targets:

TP1: $0.2050

TP2: $0.2400

TP3: $0.2950

Risk-Reward Ratio:

Favorable – R:R ranges from 1:2.3 to 1:5.4, depending on target.

📊 Technical Breakdown

Market Structure Shift:

After bottoming at $0.0763, CETUS broke out with strong momentum above the 99 EMA, then sharply retraced—creating a potential higher low setup if $0.1465 holds.

Key Support Zones:

$0.1440 (Previous higher low)

$0.1600 (Entry demand block)

Resistance Levels:

$0.2050 (March swing high)

$0.2400 (April rejection zone)

$0.2950 (mid-range fib confluence)

Volume Profile:

Massive volume surge on recent drop suggests possible capitulation wick, opening the door for recovery.

Indicators:

RSI (6): 29.65 – Oversold territory

Wm%R: -79 – Deep bearish momentum, could signal exhaustion

MACD: Bearish crossover, but flattening – Watch for momentum shift

EMA Dynamics:

Price just dipped below EMA-7/25, but still hovering near EMA-99, suggesting a retest level.

Correlation:

Altcoins showing correlated retracements post-BTC shakeout. CETUS showing relative strength pre-drop.

⚙️ Trade Management

If entry fills, move SL to breakeven after hitting TP1.

Trail SL below EMA-25 as price advances.

Monitor price reaction near $0.2050 (TP1) for strength or weakness.

If volume dries up or BTC turns down again, consider reducing position at TP1.

🧠 Final Thoughts

Bias: Cautiously Bullish – If support holds and BTC stabilizes, CETUS could be poised for a relief rally.

Risk: Sudden breakdown below $0.1440 would invalidate the setup.

Watch for: Reclaim of $0.1770 EMA(99) with volume – would confirm reversal strength.