CETUS Comments and Price Analysis July 17, 2025

CETUS Comments and Price Analysis July 17, 2025

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CETUS/USDT Technical Analysis

CETUS is drawing near to test the downtrend within which it has been trading for a long time. Here, the price zone of $0.108 - $0.118 especially stands as a key support in the short term. If the price can hold above this key level and upward momentum continues, we can expect the price to climb towards the trendline.

CETUSUSDT_2025-07-17_17-23-50.png
Falling Trend Structure
Currently, CETUS is trading at around $0.123 and the next horizontal resistance area is $0.144 – $0.155. This price zone is of great importance as it has seen strong sell in the past and it intersects with the trend line. In other words, it is highly possible that the price will determine the next direction here at this level. If the price breaks above this level, $0.194, $0.241, $0.333, and finally $0.493 should be followed as next targets ahead.However, if the price retreats, the first major support area to follow is $0.118 - $0.108. The price has the potential to pull back to the level of $0.0858 first and then to the level of $0.0777 if it starts trading below $0.118 - $0.108. These levels, in case of a pullback, also overlap with the lower trendlines.

Summary:

  • If holds above $0.108 – $0.118, the overall pattern is positive.
  • The price could climb towards the upper trendline.
  • $0.144 – $0.155 is strong resistance and if broken:→ $0.1940→ $0.2419→ $0.3335→ $0.4936 should be followed.
  • Support levels in case of a pullback are→ $0.1180→ $0.1080→ $0.0858→ $0.0777
  • Upper trend breakout will determine the price direction.

These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.

#cetus#price#support#Technical#Analysis
Calendar게시일
2025년 7월 17일
Category카테고리
Reading time읽는 시간
2 분
Author작성자
JrKripto
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