Cetus Protocol (CETUS) has experienced a significant surge in price, rising by 59.16% in the past 24 hours to reach $0.2853. This increase can be attributed to a strategic partnership with Binance, which has led to a boost in trading volume and investor interest. The spike in price and volume indicates strong support for CETUS, but it may also result in short-term profit-taking. The article highlights important support and resistance levels to watch, with $0.18 to $0.20 and $0.23 identified as potential price floors. The first resistance level is set at $0.33, and if broken, the next target would be $0.35. The 4-hour RSI reading suggests an overbought condition, potentially leading to a short-term correction or increased volatility. It's important to note that the information in the article is for informational purposes only and should not be considered financial advice.
- Content Editor ( coinedition.com )
- 2024-11-06
Cetus Protocol (CETUS) Jumps 59% on Binance Partnership News