Market Overview for CETUSUSDT on 2025-09-27

• Price increased by 3.16% in 24 hours, driven by a late-night rally to 0.0766.
• Volatility expanded late in the day, with price trading between 0.0735 and 0.0766.
• On-balance volume spiked near highs, signaling strong accumulation.
• RSI remains in neutral territory, suggesting no immediate overbought pressure.
• A bullish engulfing pattern formed near 0.0736–0.0742 early in the session.

Cetus Protocol/Tether (CETUSUSDT) opened at 0.0736 on 2025-09-26 at 12:00 ET, traded as low as 0.0735, and closed at 0.0758 on 2025-09-27 at 12:00 ET, up 3.16%. Total volume across the 24-hour period was 16,112,693.4, with a notional turnover of 1,172.76.

Structure & Formations

Price action on CETUSUSDT revealed a distinct upward bias during the 24-hour period, with a notable bullish engulfing pattern forming around 0.0736–0.0742. This pattern typically signals a short-term reversal and appears to have acted as a catalyst for the subsequent rally. The price also showed a strong reaction to the 0.0750 level, which acted as a dynamic support, consolidating for extended periods and serving as a base before another push higher. A key resistance level formed at 0.0766, where price encountered a short-term ceiling following a sharp rise in the early hours of the morning. This resistance could be a critical area to watch for potential retests or breakdowns.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned, with price generally trading above both, indicating a bullish bias in the short-term trend. The 50-period line, in particular, appeared to provide support at key levels, reinforcing the upward momentum. Looking at the daily chart, the 50-period and 200-period moving averages were also aligned in a bullish configuration, with price sitting comfortably above the 200-period line, a positive sign for longer-term holders.

MACD & RSI

The MACD histogram showed a broadening positive divergence through the late hours of the session, suggesting increasing momentum and confirmation of the bullish bias. The RSI indicator remained within neutral territory for most of the session, peaking at 65–70 and not reaching overbought levels. This suggests that the move higher was controlled and not overextended. A retest of the 65–70 level could provide early signs of exhaustion or continued strength.

Bollinger Bands

Volatility expanded significantly during the late-night hours, with price moving from within the bands to nearly touching the upper band at 0.0766. This suggests a period of increased uncertainty and potential for either consolidation or a breakout. Price remained above the middle Bollinger Band for much of the session, indicating a continuation of the upward trend. A pullback below the middle band in the coming days could indicate a short-term correction.

Volume & Turnover

Volume increased dramatically during the late-night and early-morning hours, with the highest volume observed in the candle that closed at 0.0766. This strong volume confirmed the price move and suggested accumulation from buyers. However, turnover did not increase in tandem, suggesting that the price gains were largely driven by smaller trades rather than large institutional participation. A divergence between price and turnover could indicate caution for future moves.

Fibonacci Retracements

Using the key 15-minute swing from 0.0735 to 0.0766 as the reference, the 38.2% and 61.8% retracement levels fell at approximately 0.0752 and 0.0747, respectively. Price tested the 38.2% level during consolidation periods but failed to test the 61.8% level. These retracement levels could serve as potential support zones in a pullback. For daily moves, the 38.2% and 61.8% retracements of the week's move are expected to provide additional guidance for longer-term positioning.

Backtest Hypothesis

Given the recent bullish pattern and volume confirmation, a backtesting strategy could be developed around a long-biased entry on a breakout of the 0.0750 support level, with a stop loss placed below the 0.0745 level and a take-profit target near the 0.0766 resistance. This approach would aim to capture a continuation of the upward trend while managing risk effectively. The MACD’s positive divergence and RSI’s neutral reading further support this setup, making it a viable candidate for short-term directional bias.