#CETUSUSDT #1D (ByBit) Descending wedge breakout

Updated
Cetus Protocol regained 50MA support and looks good for bullish continuation, mid-term.

⚡️⚡️ #CETUS/USDT ⚡️⚡️
Exchanges: ByBit USDT, OKX Futures, KuCoin Futures
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 5.7%

Current Price:
0.11343

Entry Zone:
0.11331 - 0.10729

Take-Profit Targets:
1) 0.13344
1) 0.15086
1) 0.16829

Stop Targets:
1) 0.09094

Published By: @Zblaba

CETUS CETUSUSDT.P #CetusProtocol cetus.zone

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +42.0% | +73.5% | +105.1%
Possible Loss= -35.1%
Estimated Gaintime= 1-2 months
Trade closed: stop reached
ByBit USDT, KuCoin Futures, OKX Futures
CETUSUSDT.P Stop Target Hit ⛔️
Loss: 35.1043% 📉

CETUS got rejected by 100EMA resistance then lost 50MA support after all, maybe next time.

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Comment
CETUSUSDT.P finally reached TP3

CETUS took way longer than planned and timing was wrong, but at least targets were good.
Enjoy that profit if you held Spot all this time!

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aptoscetuscetusprotocolCETUSUSDTDEFIDEXMoving AveragesprotocolSUIsuinetworkSupport and ResistanceWedge

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