$CETUS Chart Analysis: Pullback in Progress
Current Price: $0.1197 (Rs33.91)
Key Observations:
* Recent Correction: CETUS has pulled back significantly from its recent high of $0.1468.
* Moving Averages: The 7-period MA has crossed below the 25-period MA, indicating short-term bearish momentum. The price is currently below both of these MAs, but hovering around the 99-period MA ($0.1196), which might act as support.
* Volume: Red volume bars are prominent during this downtrend, suggesting selling pressure.
* Performance:
* Today: -2.05%
* 7 Days: -2.05%
* 30 Days: +29.27% (Still showing strong gains over the past month)
Outlook: CETUS is undergoing a correction. The 99-period MA is a crucial level to watch for potential support. Further downside could test the 24h low of $0.1186.
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