CETUSUSDT Market Overview

• Price opened at $0.0708 and surged to $0.0733 before declining to close at $0.0723.
• Key resistance appears near $0.0733 with support forming at $0.0715–$0.0716.
• Volatility and turnover spiked sharply after 3:30 AM ET, suggesting increased interest.
• RSI remains in mid-range territory, indicating no immediate overbought or oversold signals.
• A bullish engulfing pattern emerged after 3:30 AM ET, followed by a potential bearish reversal later in the day.

CETUSUSDT opened at $0.0708 on 2025-10-09 12:00 ET, reached a high of $0.0733, and closed at $0.0723 by 2025-10-10 12:00 ET. Total volume for the 24-hour period was 29,867,868.0, with a notional turnover of approximately $2,166,356. The pair exhibited a clear intraday bullish bias followed by a sharp consolidation and a bearish correction.

Structure & Formations

The 15-minute chart shows a bullish engulfing pattern forming near $0.0718 at 3:30 AM ET, which signaled a potential reversal from a downtrend. Later, a bearish reversal pattern emerged near $0.0733 after a strong rally. A key support cluster formed around $0.0715–$0.0716, where the price found a floor after a sharp decline. Resistance levels appear at $0.0723–$0.0725 and $0.0730–$0.0733, with the latter representing a high-probability retest zone.

Moving Averages

On the 15-minute chart, price has oscillated around the 20-period (SMA) and 50-period (SMA) moving averages, but has largely stayed above both in the latter half of the day. The 50-period SMA has moved up to $0.0716, with price now closing slightly above it. Daily moving averages (50, 100, 200) are not fully available in this 15-minute dataset, but current close of $0.0723 appears to be above all major daily averages.

MACD & RSI

The MACD line turned positive after 3:30 AM ET, indicating a short-term bullish momentum shift. RSI, which was in the 40–60 range most of the day, surged to 65 after a sharp rally and later declined toward 45 as selling pressure increased. While not overbought (above 70) or oversold (below 30), RSI suggests a balanced market with potential for either continuation or consolidation.

Bollinger Bands

Bollinger Bands showed a moderate expansion during the rally to $0.0733, with price touching the upper band multiple times. The subsequent pullback into the middle band indicates a period of consolidation. Volatility remained high in the morning and afternoon, with a slight contraction in the evening, indicating a potential pause in momentum.

Volume & Turnover

Volume spiked sharply after 3:30 AM ET and again after 6:00 PM ET, coinciding with key price levels. The highest volume was recorded at $0.0733, confirming strong institutional or retail participation during the rally. Turnover also peaked at this level, supporting the bullish bias. A divergence appeared after 6:00 PM ET, where price continued lower but volume did not confirm the move — suggesting caution ahead.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from $0.0716 to $0.0733, key retracement levels at 38.2% ($0.0724) and 61.8% ($0.0720) align with current price action. The 61.8% level acted as a support and has now been retested. On the daily chart, the 61.8% retracement of the recent bearish leg could appear around $0.0706–$0.0708, which could be a key level to watch.

Backtest Hypothesis

Given the observed patterns and volume behavior, a backtest strategy could focus on entering longs on a bullish engulfing pattern confirmation with a stop loss just below the prior swing low and a target at 38.2% of the move. Alternatively, shorting opportunities may appear after confirmed bearish reversals, particularly when volume fails to support a new high. A combination of RSI and MACD crossovers could serve as a confirmatory filter, helping to avoid false breakouts. The strategy should include tight stops and risk management rules given the high volatility and frequent intraday corrections.