CETUSUSDT Market Overview – November 6, 2025

Summary
• Price action showed a bearish trend, closing lower at 0.0367 from 0.0382 at the prior day.
• High volatility seen in early hours, with a drop from 0.0385 to 0.0364 in 6 hours.
• Volume surged in morning hours, with over 5 million notional traded at 09:00 ET.
• RSI entered oversold territory, suggesting potential short-term bounce.

Cetus Protocol/Tether (CETUSUSDT) opened at 0.0382 at 12:00 ET-1 and traded between 0.0386 and 0.0358 before closing at 0.0367 at 12:00 ET. Total 24-hour volume was 5,483,137.8 with a notional turnover of $198,623.40, indicating moderate to high activity during the session.

Structure & Formations

Price action displayed multiple bearish engulfing patterns and a deep bearish reversal candle during the morning hours. A key support level emerged around 0.0364–0.0365 after a rejection from that area multiple times. Resistance appears to be consolidated between 0.0370 and 0.0375, with bearish continuation evident following tests of that range.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended downward, reinforcing the bearish bias. The 50-period line crossed below the 20-period line early in the session, signaling a short-term bearish crossover. On a daily chart, the 50 and 200-period lines are in bearish alignment, suggesting that the broader trend remains bearish.

MACD & RSI

The MACD histogram showed a shrinking bearish divergence throughout the morning, indicating a loss of momentum. RSI fell into oversold territory below 30 for several hours, hinting at potential short-term buying pressure. However, the RSI failed to recover above 40 for much of the session, suggesting that the bearish momentum has not fully abated.

Bollinger Bands

Bollinger Bands widened significantly during the morning selloff, indicating increased volatility. Price closed near the lower band at 0.0364–0.0367, signaling a potential short-term bounce. However, the lack of a strong reversal candle suggests that a test of that lower boundary may occur again in the next 24 hours.

Volume & Turnover

Volume spiked during the early morning hours with a large candle at 09:00 ET showing 5.48 million volume at 0.0369. This coincided with a sharp decline from 0.0374 to 0.0369 in one candle. Turnover also surged during this period, confirming the bearish move. Later in the session, volume decreased, suggesting diminished conviction in the short-term trend.

Fibonacci Retracements

Fibonacci levels applied to the morning high (0.0385) and low (0.0364) showed the 61.8% level at 0.0373 as a potential area of resistance. The price closed near the 38.2% level (0.0377), suggesting that a test of the 61.8% level could follow if the short-term bounce is confirmed.

Backtest Hypothesis

The RSI signal for the 14-day period is a commonly used tool for identifying overbought or oversold conditions. In this case, RSI dipped below 30 for several hours, which may be used as a potential buy signal in a backtesting strategy. If the RSI levels are confirmed to have been below 30 during this period, a strategy could be constructed to enter long positions at the close of the candle when RSI crosses above 30 and exit when RSI rises above 50. This would align with the observed bearish exhaustion and potential short-term bounce.