$CETUS /USDT Intraday Trading Analysis (15 Min Chart)
Technical Analysis: The 15-minute chart for CETUS/USDT shows that the price has recently rebounded from a strong support level at 0.1068 USDT, followed by an upward movement. Currently, the price is stabilizing around 0.1195 USDT, showing signs of consolidation before a potential move. Key Observations: 🔹 Support & Resistance Levels: Support Level: 0.1068 USDT (Major demand zone)Resistance Level: 0.1279 USDT (Key supply zone) 🔹 Trend Outlook: The price recently recovered from the support level, forming higher lows, which suggests bullish momentum. A break above 0.1200 USDT could trigger a stronger rally toward the next resistance. Trading Signal: Long (Buy) Setup Since the price is holding well above support and showing strength, a buy position is favorable upon confirmation. 📌 Entry Point: 🟢 Buy CETUS/USDT at: 0.1180 - 0.1200 USDT (On breakout confirmation) 🎯 Target Levels (Take Profit - TP): ✅ TP1: 0.1240 USDT (First target) ✅ TP2: 0.1275 USDT (Major resistance level) 🛑 Stop-Loss: 🚨 SL: 0.1150 USDT (Below local support to minimize risk) Alternative Scenario (Bearish Breakdown): If the price falls below 0.1150 USDT, a downward move toward 0.1100 - 0.1068 USDT is possible. In this case, a short position could be considered. 📈 Trade wisely and manage risk effectively! 🚀
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