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CETUS showed solid momentum initially, climbing 23% before hitting 25% gains. But here's where it gets interesting—momentum indicators have started rolling over. Looking at the key parameters: X dropped to 34 while Y fell to -20, signaling a clear weakening in upside pressure. Volume has shifted bearish too, which typically confirms when bullish steam runs out.
The technical picture suggests it's time to trim positions. When momentum crumbles this way and volume turns hostile, holding becomes risky. The market's telling you something—shorter time frames show deteriorating structure, and that's your cue to scale out and lock in gains before the next leg potentially reverses. Simple as that: strong up move, fading momentum, rising selling pressure. It's textbook distribution.
How to put it, the signal of volume turning bearish is too clear. If you keep greedy, you'll get trapped.
The trading volume has become somewhat aggressive; it is recommended to regularly review your positions immediately and not wait for a reversal to knock on the door.