Cetus Price Drops 6% as Selling Pressure Intensifies

Cetus (CETUS) has experienced significant selling pressure as June 2025 begins, with the price dropping sharply to approximately $0.1279, marking a nearly 6% intraday decline. This decline has led the token to test key trendline support levels after breaking down from a triangle structure, raising concerns about further weakness.

The sell-off intensified after CETUS failed to maintain the $0.15 region, which had previously served as a short-term base. The 4-hour chart shows that the pair has broken below a converging symmetrical triangle and is now near the $0.125 zone, a crucial ascending support from late April. This movement confirms a shift in the short-term structure, with the CETUS price now trading firmly below the 20-, 50-, and 100-period EMAs. The 200 EMA, situated near $0.1608, remains significantly above the current price, indicating sustained downside pressure.

From a broader perspective, the CETUS price action has transitioned from consolidation to active distribution. The recent bearish breakdown aligns with a failed attempt to break the $0.17 resistance, which marked the upper boundary of the triangle. On the daily chart, a key ascending trendline from March has now become critical support around $0.1175. If this level is breached, the next downside target could be near the $0.10 handle.

Momentum indicators further signal potential weakness. The 4-hour Relative Strength Index (RSI) has dropped to 32.59, nearing oversold territory. The MACD indicator continues to print red bars with the signal line trading above the zero line, indicating that bearish momentum remains firmly in control despite short-term volatility. The Bollinger Bands have expanded following the breakdown, and CETUS price volatility appears to be increasing as the price trades near the lower band edge.

The Ichimoku Cloud on the 4-hour timeframe indicates that CETUS has decisively broken below both the Kijun-sen and Tenkan-sen lines, with the price remaining beneath the red cloud span. The future cloud projection also remains bearish. The Stochastic RSI confirms this trend, with both %K and %D lines hovering at zero, indicating a strong bearish impulse with little sign of recovery. The Chande Momentum Oscillator has also turned lower, suggesting declining trend strength with a negative slope persisting.

Looking ahead into June 2025, the CETUS price will need to hold above the $0.1175 ascending trendline to avoid a deeper breakdown. A decisive close below this region could open a path toward the $0.10–$0.105 zone. On the upside, any bullish reversal must first reclaim $0.145 and then overcome $0.157–$0.165 resistance to reverse the short-term bearish structure. If buyers manage to defend the $0.12 support range and reclaim the mid-Bollinger Band level near $0.147, there could be a recovery attempt toward the cloud base at $0.165. However, given the current structure and lack of bullish divergence, the bias for June remains tilted toward further weakness unless a significant reversal pattern emerges.