The $CETUS /USDT 15-minute chart displays strong bullish momentum, with the current price at 0.3719, marking a 29.22% increase in 24 hours.
The price surged to a recent high of 0.3968 before retracing slightly. For traders looking to enter a position, an ideal entry point would be around 0.3700.
The first resistance level to watch is set at 0.3800, with potential targets for profit-taking at 0.3850 (TP1), 0.3900 (TP2), and 0.3950 (TP3). On the downside, support is established at 0.3600, which should act as a buffer.
To minimize risk, a stop-loss (SL) can be positioned just below the support at 0.3550. This setup allows traders to ride the ongoing bullish wave with strategically placed targets and safeguards.
