I’m watching $CETUS here — price has bounced from a key demand zone and is now approaching a strong resistance area. I’m looking for a long, but only if breakout confirmation appears.
#MatrixFamily listen carefully… $SCRT is showing a strong recovery move and is now approaching key resistance where breakout momentum can build.
Entry Range: 0.1020 – 0.1060 Stop Loss: 0.0950
Targets: TP1: 0.1120 TP2: 0.1180 TP3: 0.1250
$SCRT made a clean impulsive move from the 0.093 zone, followed by a healthy pullback that respected market structure. After that, buyers re-entered strongly, pushing price back toward the highs and forming a clear pattern of higher lows.
This looks like a bullish continuation setup. Price is not showing weakness; instead, it is gradually absorbing selling pressure and grinding upward. Repeated tests near the 0.110 resistance zone increase the chances of a breakout.
Avoid chasing breakout candles. The better approach is to wait for controlled pullbacks within the entry zone, where risk is defined and structure remains intact.
As long as price holds above 0.0950, the bullish structure stays valid. A strong close above 0.1100 could trigger the next upward leg toward the higher targets.
Invalidation: If price breaks and holds below 0.0950, the setup becomes invalid and momentum may shift bearish.
Price recently spiked into the 0.1538 resistance zone after a strong vertical move, but faced instant rejection. On the 4H timeframe, the structure looks stretched and overextended, with the latest candle printing a clear long upper wick — a sign of weakening bullish momentum.
Buyers appear to be losing strength as early profit-takers step in, while sellers start defending the highs aggressively. With the broader market still uncertain, this kind of impulsive move often leads to a sharp retracement, trapping late breakout buyers at the top.
Short bias remains valid as long as price holds below resistance. 📊