CETUS Price Prediction for May 29

After a sharp correction last week, CETUS PRICE is trying today to recover, as it is traded near $ 0.165, an increase of approximately 3 % inside the day. Despite the last bounce, the distinctive symbol is still surrounded by strong resistance areas, and its short -term structure still reflects high CETUS fluctuations where traders evaluate whether the march or procrastination can continue without key levels.

The broader trend is still inaccurate, but technical indicators offer early signs of renewal of momentum. However, the bulls will need a continuous break over $ 0.172 resistance to re -control in the short term.

What happens at the price of Citos?

The CETUS PRICE has been defined over the past 72 hours by a sharp recovery from the $ 0.130 support base. As shown in the 30 -minute and 4 -hour plans, the distinctive symbol was broken over the falling shed chorus, and more than 25 % of its lowest levels gather. However, the assembly stopped temporarily near the $ 0.172 supply area, which corresponds to the upper Bollengerer and 50-feature on the graph for 4 hours.

CETUS price now faces immediate resistance between $ 0.170 and $ 0.175, while support inside the day was created about $ 0.158 and $ 0.150. Below, the main biological anchor remains in the meeting area of ​​0.130 – 0.132 dollars, which also corresponds to the support of the rising trend line drawn from the lowest level in April.

Indicators show momentum, but warn against upper supply

From the perspective of momentum, the RSI is on the graph for 30 minutes hovering about 61, indicating some of the ups and ups before reaching the area of ​​its arrest. RAM is located in the range of 70-76, indicating a short-term exhaustion, but has not yet indicated a certain reflection.

Meanwhile, the MACD chart shows a potential upward continuation, as the MACD line is heading over the signal line – although the gap is narrow and the momentum is still vulnerable to withdrawal.

Ichimoku cloud analysis reveals that CETUS PRICE today goes beyond the basic and basic lines, with the price of the Kumo cloud on time frames during the day. This supports the case for a continuation if the bulls can defend the current levels.

The oscillary of the Ch youndi also returns to the top zero line, which reads 51.15, indicating that the net momentum has returned to buyers.

Why is the price of Citos today?

The question is: Why does the price of CETUS rise today? Recovery paid in the first place:

• Technical reversal of the 61.8 % Fibonacci level near $ 0.145.
• The budget difference on momentum indicators during the decrease of last week.
• A strong buyer reaction with previous support near $ 0.130, which was a request area.

In addition, the CETUS PRICE mutations after leaving a falling wedge had been in place since May 23, indicating the renovation of optimism and attention to a decline.

However, this step is still within the broader corrective structure, and merchants are closely seen whether the current gathering exceeds the mass 0.162-0.166 dollars, which includes 20, 50 and 100-ema on low time frames.

Cetus’s short -term prices: Breakout or bull trap?

The next 24-48 hours are decisive to confirm the strength of this recovery. If the price of CETUS collapses and closes over $ 0.172 with a strong size, the door may open about $ 0.188 (38.2 % Fibonacci) and eventually the level of $ 0.214 (23.6 % FIB and the previous distribution range).

On the downside, failure to scan $ 0.172 or a candle rejected daily at this level can pay CETUS to re -test $ 0.150 and possibly reconsideration of $ 0.132 in case of wider market weakness.

Bollinger’s ranges began to expand again on the graph for 4 hours, indicating the rise of CETUS price fluctuations after a period of pressure. This corresponds to the potential collapse conditions, although the trend is still uncertain until the main resistance levels are wiped.

Final Prediction: Cetos faces decisive resistance with momentum in favor of bulls

In short, the CETUS price update on May 29 shows the signs of early recovery, but the trend remains weak than $ 0.172. While the bulls defended the area of ​​0.130 – 0.150 dollars strongly, the distinctive symbol still needs a decisive outbreak to confirm the shift towards the upward continuation.

Predicting table: key levels to watch

If the momentum carries and improves the size, CETUS can re -test mid -May levels. But rejection here would risk the late buyers and expand the range of range. Caution is recommended near the current resistance.