$CETUS /USDT: Near Support with Oversold Conditions
Current Price: $0.1975 (+8.10%)
24H High: $0.2084 | 24H Low: $0.1827
$CETUS is trading near a key support level following a slight rebound. The RSI at 24.34 suggests the asset is oversold, indicating potential buying interest may arise in the short term.
Key Levels to Watch:
Resistance: $0.2000, $0.2050, $0.2100
Support: $0.1950, $0.1900, $0.1850
Trade Setup:
1. Long Entry: Above $0.2000, targeting $0.2050, $0.2100, and $0.2150.
2. Short Entry: Below $0.1950, targeting $0.1900, $0.1850, and $0.1800.
Risk Management:
Stop-Loss for Longs: $0.1950
Stop-Loss for Shorts: $0.2000
Market Insight:
CETUS/USDT shows declining momentum, but buyers might step in if support holds. A breakout above $0.2000 could confirm a reversal, while failure to hold $0.1950 could signal further downside.
