$CETUS – Rejection From High, Bearish Continuation Setup 📉
Short $CETUS
* Entry: 0.02900 – 0.02980
* SL: 0.03150
* TP1: 0.02700
* TP2: 0.02550
* TP3: 0.02400
CETUS has faced rejection from the high of 0.03086 and is trading below a significant resistance zone on the chart. The 1H chart shows bearish pressure as the price could not sustain at higher levels and a series of red candles has started.
As long as the price holds below 0.03050, the momentum will remain bearish and there are chances of further correction. RSI and price action are indicating a reversal from the overbought zone. Manage risk and trail profits accordingly. 🔥
CETUSUSDT
Perp
0.02121
-15.22%