TradingOn

#CETUSUSDT #1D (ByBit) Descending wedge breakout

Long
TradingOn Updated   
BYBIT:CETUSUSDT.P   CETUSUSDT Perpetual Contract
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: @TradingOn

$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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