$CETUS #Cetus
*CETUS/USDT – 1H timeframe
1. Technical Overview
Current Price: 0.1692 USDT
Volatility: Strong decrease -20.15%
Recent High: 0.2572
Recent Low: 0.1465
2. Technical Indicators
MA (7/25/99):
MA(7) < MA(25) < MA(99) → Clear short-term trend reversal
Price falling below all 3 MA lines → Very strong selling pressure, warning signal.
MACD:
MACD < Signal and deep negative histogram → Downtrend not yet finished
However, histogram showing signs of narrowing → Potential for a technical rebound
RSI (6): 22.79 → Strongly oversold area
Indicates potential for short-term price recovery
RSI showing signs of sideways movement → Could be nearing a short-term bottom
Volume: Spike in volume during strong downward candle → Extreme sell-off, possibly panic selling
3. TRADING STRATEGY SUGGESTIONS
A. Long Trade: Trade the rebound after the panic sell
Entry: 0.1650 – 0.1680
TP1: 0.1820 (near MA7 resistance)
TP2: 0.1920 (MA25 area)
SL: 0.1450 (below the recently formed low)
Note: This is a short-term trade aiming for a technical bottom → Strict risk management, SL is mandatory.
B. Short Trade: If price rebounds but weakens and does not exceed MA7
Entry: 0.1900 – 0.1950
TP1: 0.1700
TP2: 0.1500
SL: 0.2050
Entry on rebound, combined with RSI not exceeding 50 + MACD still negative → Effective short pullback.
C. Spot Trading: Not suitable for long holds at this time
Entry: 0.1650 – 0.1680
TP: 0.1900 – 0.1950
SL: 0.1450
Only small positions should be taken, targeting short-term technical rebound waves. Not recommended to hold long when the trend is not clear.