Jibral
--
$CETUS 🐂 CETUS/USDT: Riding the Bullish Momentum! 🚀
Binance Fam, gather 'round! Let's analyze CETUS/USDT. Strong bullish momentum after breaking key EMAs! Is this trend set to continue? Let's dive in! 🌊
📊 Technical Breakdown
Market Structure Shift: 👀 Decisive break above EMA cluster (7, 25, 99). Strong bullish momentum.
Key Support & Resistance Levels: Support: ~$0.2100, ~$0.2000. Resistance: ~$0.2250, ~$0.2320.
Volume Profile: 📈 Significant surge in volume on breakout.
Correlation with Market Trends: 🔎 Heavily influenced by BTC and ETH.
🎯 Trade Plan (Potential Long)
Entry Zone: $0.2140 - $0.2160
Stop Loss: $0.2080
Target Profit Levels: TP1: $0.2240, TP2: $0.2300, TP3: $0.2380
⚖️ Risk-Reward Ratio
Favorable R/R for TP2 and TP3.
💼 Trade Management
Move SL to breakeven after TP1. Trail SL towards higher TPs. Monitor price action and volume at key resistance (~$0.2180$).
🤔 Final Thoughts
Bias: Strongly bullish. Holding above $0.2100$ is key.
Risks: ⚠️ Market sentiment reversal, weakening volume. Trade with caution!
Binance Fam, gather 'round! Let's analyze CETUS/USDT. Strong bullish momentum after breaking key EMAs! Is this trend set to continue? Let's dive in! 🌊
📊 Technical Breakdown
Market Structure Shift: 👀 Decisive break above EMA cluster (7, 25, 99). Strong bullish momentum.
Key Support & Resistance Levels: Support: ~$0.2100, ~$0.2000. Resistance: ~$0.2250, ~$0.2320.
Volume Profile: 📈 Significant surge in volume on breakout.
Correlation with Market Trends: 🔎 Heavily influenced by BTC and ETH.
🎯 Trade Plan (Potential Long)
Entry Zone: $0.2140 - $0.2160
Stop Loss: $0.2080
Target Profit Levels: TP1: $0.2240, TP2: $0.2300, TP3: $0.2380
⚖️ Risk-Reward Ratio
Favorable R/R for TP2 and TP3.
💼 Trade Management
Move SL to breakeven after TP1. Trail SL towards higher TPs. Monitor price action and volume at key resistance (~$0.2180$).
🤔 Final Thoughts
Bias: Strongly bullish. Holding above $0.2100$ is key.
Risks: ⚠️ Market sentiment reversal, weakening volume. Trade with caution!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
861
0