【$CETUS Signal】1H timeframe high-level consolidation, waiting for a pullback confirmation

$CETUS 1H timeframe trading along the upper Bollinger Band, RSI 67.43, buying momentum is somewhat converging. The 4H MACD histogram is still expanding, but the 1H histogram has started to contract, indicating short-term momentum to chase higher is insufficient. Market depth shows sell orders are 22% more than buy orders, with clear resistance in the 0.0300-0.0302 area above.

The current price of 0.02944 makes direct long entries with a poor risk-reward ratio; it’s better to wait for a healthy pullback.

⚡Entry: Place orders in the 0.02585 - 0.02929 range, for example around 0.0265.

🛑Stop loss: 0.02338, a break below this level indicates a breakdown of the short-term structure.

🚀Target 1: 0.03079, corresponding to the 4H upper Bollinger Band and previous high resistance zone.

🚀Target 2: 0.03326, an extension target after breaking previous highs.

🛡️Trade management:
- Execution strategy: After reaching 0.03079, reduce half of the position, and move the remaining stop loss up to the entry price. If the price cannot reach the order level and instead surges, abandon this trade and never chase high.

The 1H EMA20 is at 0.0282, and EMA50 is at 0.0265; these two levels are potential support convergence zones. The 4H buy volume has increased in the latest candle, but the buy-sell ratio is only 51%, indicating that bulls are not strongly attacking. The funding rate is 0.5%, relatively high, increasing the likelihood of a short-term correction or shakeout. Open interest remains stable with no significant outflows, so the trend background persists. Patience is needed at this level until the market shows clearer price action.

Check real-time quotes 👇 $CETUS
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