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

• Cetus Protocol (CETUSUSDT) closed 0.1033 after a 0.38% rally from 0.1003, showing a bullish reversal from early session weakness.
• Key support at 0.0985 held, while resistance levels at 0.1025–0.1035 saw multiple retests and consolidation.
• Momentum improved mid-session, with RSI rising from oversold to neutral and volume increasing in the final hours.
• Volatility expanded during the overnight session, with a 0.1034 high vs. 0.0977 low, suggesting increased market attention.
• A bullish engulfing pattern formed around 0.0985–0.1005, followed by a series of higher highs and higher lows after 03:00 ET.

Cetus Protocol (CETUSUSDT) opened at 0.1003 on 2025-08-02 at 12:00 ET, reaching a high of 0.1034 and a low of 0.0977, before closing at 0.1033 on 2025-08-03 at 12:00 ET. Total 24-hour volume was 16,520,151.2, and notional turnover was $1,684,103.70.

Structure & Formations

The 15-minute chart showed a bearish breakdown attempt from 0.1005–0.1010, followed by a strong bullish reversal forming between 0.0985 and 0.1005. A bullish engulfing pattern emerged at the 0.0985 level, signaling a shift in sentiment. Key support at 0.0985 held, and the price has since tested 0.1025–0.1035 as potential resistance. A doji appeared at 0.1026, suggesting indecision near the upper band of the recent consolidation.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line near 0.0996, indicating a potential short-term bullish bias. The daily 50-period MA is at 0.0998, and the 200-period MA is at 0.0987, suggesting the price is now above its longer-term average and in a potential uptrend.

MACD & RSI

The MACD crossed into positive territory after 03:00 ET, aligning with the price’s reversal. RSI improved from an oversold level of 30 at 02:30 ET to a neutral 52 at the close, suggesting a possible continuation of the rally. However, RSI has not yet entered overbought territory, which could mean the move has room to extend.

Bollinger Bands

Volatility expanded significantly overnight, with the price reaching the upper Bollinger Band at 0.1034. The bands had been contracting during the early hours, which often precedes a breakout. The current price is now within the upper half of the bands, suggesting continued bullish momentum is possible.

Volume & Turnover

Volume increased sharply after 03:00 ET, coinciding with the price’s move above 0.1025. Notional turnover also rose, confirming the strength of the bullish move. Divergence between price and volume was not observed during the session, indicating that the rally is backed by solid buying interest.

Fibonacci Retracements

Applying Fibonacci retracement to the 0.0977–0.1034 swing, the 61.8% level is at 0.1016, which the price tested and held above. The 78.6% level is at 0.1027, and the price is currently near this area. A break above 0.1027 could target the 0.1034 high, while a retest of the 0.1005–0.1010 range could offer further consolidation.

CETUSUSDT appears to be in a short-term bullish phase, supported by key technical levels and confirmed by rising volume and momentum. However, traders should remain cautious as the price approaches 0.1034 and the upper Bollinger Band, where a pullback could occur. A break above 0.1034 may signal a new wave of buying, but a failure to hold above 0.1025 could result in a test of the 0.1010–0.1015 zone.