Market Overview: Cetus Protocol (CETUSUSDT) 24-Hour Technical Summary

• Cetus Protocol (CETUSUSDT) formed a bullish recovery pattern after a sharp decline, with key support at 0.1300–0.1314.
• Price broke above a 15-minute bearish divergence, suggesting short-term momentum may be shifting.
• Volatility expanded during the midday sell-off, but volume was inconsistent with price action.
• RSI entered oversold territory near 0.1300–0.1314, hinting at potential short-term bounce.
• Bollinger Bands showed contraction before the drop, followed by a sharp expansion after 0.1340.

Cetus Protocol (CETUSUSDT) opened at 0.1334 on 2025-07-27 12:00 ET and reached a high of 0.1467 before closing at 0.1308 as of 12:00 ET on 2025-07-28. The 24-hour volume totaled 30,311,094.0 and turnover reached 3,989,110.0 USDT.

Structure & Formations

Price action showed a bearish breakdown from 0.1400–0.1450, with a 15-minute engulfing pattern at 0.1401–0.1430 confirming the downward shift. A key support cluster formed between 0.1300–0.1314, where price found a temporary floor. A bullish doji emerged near 0.1314, hinting at potential reversal.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA, reinforcing the bearish bias. Daily moving averages showed the 50-period MA crossing above the 200-period MA, indicating a longer-term bullish trend that may not align with short-term sentiment.

MACD & RSI

The MACD line showed bearish divergence during the midday sell-off, confirming the downward move. RSI dropped into oversold territory below 30 after the 0.1314 close, suggesting potential for a short-term bounce. However, a rebound may face resistance at 0.1350–0.1360, where previous rejections occurred.

Bollinger Bands

Volatility contracted before the sharp drop, with price hovering near the lower band. After 0.1340, bands expanded, indicating increased volatility. Price now sits near the lower band, suggesting a potential bounce or consolidation phase.

Volume & Turnover

Volume surged during the 18:15–19:00 ET sell-off, with the highest turnover recorded at 0.1401–0.1430. However, volume declined during the 13:00–14:30 ET rebound, indicating weak conviction in the upward moves. A divergence between price and volume during the recovery suggests caution for buyers.

Fibonacci Retracements

Applying Fibonacci to the 0.1314–0.1467 swing, key levels include 0.1385 (38.2%), 0.1355 (50%), and 0.1327 (61.8%). Price found support near 0.1314 and may test 0.1327 next. On the daily chart, a 0.1300–0.1450 swing shows 0.1330 (38.2%) as a potential pivot.

Cetus Protocol may test key support at 0.1300–0.1314 in the next 24 hours, with a potential bounce toward 0.1350–0.1360 if RSI holds. However, the risk of a further decline remains, especially if volume fails to confirm any upward moves. Investors should monitor the 0.1350 level and the 50-period MA for potential trend continuation.