Market Overview for Cetus Protocol/Tether (CETUSUSDT) – 2025-09-23

• Price action for CETUSUSDT saw a strong 9.0% rebound over 24 hours, breaking above the 0.0790 resistance.
• High momentum confirmed by surging RSI and bullish divergence in volume, suggesting a potential trend reversal.
• Volatility expanded significantly during the session, with Bollinger Bands widening and price consolidating near the upper band.
• Key Fibonacci levels at 0.0793 and 0.0787 acted as pivot points, with price bouncing off the 61.8% retracement level.
• A 15-minute bullish engulfing pattern formed near the 0.0790 level, signaling strong buyer control.

Cetus Protocol/Tether (CETUSUSDT) opened at 0.0786 on 2025-09-22 at 12:00 ET and closed at 0.0808 the next day at 12:00 ET, with a high of 0.0816 and a low of 0.0765. Total volume reached 26.9M USDT, while turnover amounted to ~$2.2M over the 24-hour period.

Structure & Formations

The price of CETUSUSDT displayed a strong bullish reversal from the early part of the session when it broke below the 0.0775 support level and retested it twice, forming a double bottom pattern. A key 15-minute bullish engulfing pattern emerged at 0.0790 on 2025-09-23 at 03:30 ET, followed by a decisive rally to the session high of 0.0816. The 0.0790–0.0816 range is now forming a potential consolidation zone. A strong bearish divergence was also noted in the early part of the session, but it was quickly invalidated by the subsequent bullish breakout.

Moving Averages

On the 15-minute chart, the price has moved above both the 20-EMA and 50-EMA, indicating short-term bullish momentum. The 50-EMA at 0.0794 is currently acting as a dynamic support level. On the daily chart, the 50-EMA at 0.0789, 100-EMA at 0.0786, and 200-EMA at 0.0783 suggest a neutral to slightly bullish bias. The price is currently sitting above all three, with the 50-EMA showing the strongest resistance ahead.

MACD & RSI

The MACD on the 15-minute chart is in positive territory, with the histogram showing increasing bullish momentum as the price pushed through key resistance levels. RSI crossed above 50 and hit 63 by the end of the session, indicating moderate overbought conditions. However, the RSI divergence seen in the early part of the session was resolved as the price pushed higher, validating the bullish bias. The RSI is currently at 60, suggesting a healthy balance between buyers and sellers.

Bollinger Bands

Volatility significantly increased during the session, as evidenced by the widening of the Bollinger Bands. The price closed near the upper band at 0.0815, indicating strong buying pressure. The middle band (20-period SMA) is at 0.0798, which is now acting as a pivot for potential pullbacks. The lower band is at 0.0782, and a retest of this level could trigger further buying interest.

Volume & Turnover

Volume surged during the breakout from 0.0790 to 0.0816, particularly in the 06:00–08:00 ET window when the price made its most aggressive move. The total 15-minute volume reached 26.9M USDT, with an average turnover of ~$86K per candle. The increase in volume aligns with the price move, providing confirmation of the bullish breakout. No significant divergence was observed, which supports the strength of the current momentum.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.0765 to 0.0816, key levels at 38.2% (0.0789), 50% (0.0791), and 61.8% (0.0793) appear to be critical. The price bounced off the 61.8% level and continued its rally, validating this as a strong support area. On the daily chart, the 0.0794 level (38.2% of the prior 0.0765–0.0816 range) is likely to see renewed interest in the next session.

Backtest Hypothesis

A potential backtest strategy for CETUSUSDT could involve entering long positions on a 15-minute bullish engulfing pattern that forms above the 20-EMA, with a stop-loss placed below the previous swing low. Targets could be set at the next Fibonacci retracement levels (50% and 61.8%), as well as the upper Bollinger Band. This setup is currently in play, and traders may use the 0.0790–0.0816 range as a high-probability zone to look for continuation signals.