💡 Lock partial profits & trail stops to protect gains.
Other Trade Ideas: 🟢 Buy $TAO — Long 🟢 Buy $XAG — Long
vipernm
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🔻 $CETUS / USDT — SHORT SETUP
CETUS faced multiple rejections at 0.0275 –0.0280 resistance and failed to break out 🚫 Now we’re seeing a range breakdown + strong bearish candle sellers are in control 📉
CETUS faced multiple rejections at 0.0275 –0.0280 resistance and failed to break out 🚫 Now we’re seeing a range breakdown + strong bearish candle sellers are in control 📉
Bitcoin is still trading above the average peak of the last bull cycle, keeping the narrative alive that we could still be in the mid-cycle growth phase.
Key Points: ✅ BTC remains historically strong vs prior cycle averages ✅ Analysts suggest recent pullbacks are mid-cycle corrections, not full reversals ✅ Price action is closely watched around key support & resistance levels
💡 What it means: • Bulls: BTC could extend beyond previous cycle highs if support holds • Bears: Deeper corrections may test key levels before recovery