CETUSUSDT Market Overview

• Price action drifted in a narrow range, with a late rally pushing price to a 24-hour high of $0.0919 near the close.
• Volume surged in the final hours, confirming strength in the rally but not breaking higher highs.
• RSI suggests moderate momentum, while Bollinger Bands tightened mid-day before expanding with the move up.
• No strong bearish or bullish reversal patterns emerged, indicating a consolidating market.
• Turnover spiked in the final 4.5 hours, aligning with the upward move and suggesting increased buyer participation.

The Cetus Protocol/Tether pair (CETUSUSDT) opened at $0.0905 on 2025-09-19 12:00 ET, reaching a high of $0.0919 and a low of $0.0888 before closing at $0.0913 on 2025-09-20 12:00 ET. Total trading volume over 24 hours was 11,199,501.0, with a total turnover of $1,017,823.8. The pair showed a late-day rally amid rising volume and moderate momentum.

Structure & Formations

Price action formed a tight range for much of the day, with support levels consolidating around $0.0896–$0.0898 and resistance clustering from $0.0908 to $0.0914. A strong bullish engulfing pattern emerged in the final hour, confirming a breakout above the previous resistance. No significant doji or harami patterns were observed, indicating a lack of indecision during key price movements.

Moving Averages and MACD

The 20-period and 50-period moving averages on the 15-minute chart were aligned closely during most of the session, indicating a lack of clear trend. As the price moved upward, the 20-period MA began to cross above the 50-period MA, forming a potential golden cross. The MACD line crossed above the signal line around 05:00 ET, suggesting a shift in momentum. RSI hovered between 45–60 most of the day, with a final close near 58, indicating moderate bullish momentum without overbought conditions.

Bollinger Bands and Volatility

Bollinger Bands tightened significantly during mid-session, from 20:00 to 04:00 ET, before expanding with the late-day breakout. Price remained within the bands for most of the day but closed near the upper band, suggesting increased volatility and potential continuation of the upward move. This pattern often precedes a breakout or continuation, particularly in low-volume consolidating markets.

Volume & Turnover

Volume surged in the last 4.5 hours, peaking around 15:00 ET with a 15-minute volume of 537,962.5, which coincided with a sharp rise in price. Turnover spiked in tandem with the price action, confirming the strength of the rally. No major divergence was observed between price and turnover, indicating aligned market sentiment and strong participation from buyers.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from $0.0896 to $0.0919, key retracement levels at 38.2% (~$0.0906) and 61.8% (~$0.0911) were tested and held. The price closed near the 61.8% retracement level, suggesting a possible continuation of the upward trend. For the daily chart, the 38.2% level sits near $0.0912 and could offer initial resistance if the trend continues.

Backtest Hypothesis

A potential backtest strategy for CETUSUSDT could involve using the 20-period and 50-period moving averages in conjunction with RSI and MACD for confirmation. A long signal could be triggered when the 20-period MA crosses above the 50-period MA and RSI crosses above 50. Stop-loss and take-profit levels could be set based on Fibonacci retracement levels and recent support/resistance zones. This strategy could be particularly effective in consolidating markets with defined ranges, as seen in the recent price action of CETUSUSDT.