Market Overview for Cetus Protocol/Tether (CETUSUSDT) – 2025-11-13

Summary
• Price action shows a modest range between $0.0375 and $0.0404 with consolidation after a late morning rally.
• RSI suggests neutral momentum with no strong overbought or oversold signals.
• Volatility expanded mid-day, with volume peaking at $706,631.1 in the 15:45 ET candle.
• Bollinger Bands indicate moderate volatility with price staying within the bands for most of the session.
• No clear reversal patterns, but bullish continuation signs emerged following the morning push.

CETUSUSDT opened at $0.0388 on 2025-11-12 at 12:00 ET, hit a high of $0.0404, a low of $0.0375, and closed at $0.0388 as of 2025-11-13 at 12:00 ET. Total volume for the 24-hour period was 11,091,074.9, and notional turnover amounted to $419,125.9 in USDT. Cetus Protocol/Tether traded in a tight range for much of the session, with a late rally pushing prices back toward the upper Bollinger Band.

Structure & Formations

The 15-minute chart reveals a key support level around $0.0385, where price found a floor multiple times. A minor resistance emerged at $0.0392. A small bullish engulfing pattern was visible at the 17:30 ET candle, followed by a consolidation phase. No decisive reversal patterns were observed, but the price structure showed signs of continuation rather than reversal.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs crossed at $0.0390 around 01:30 ET, suggesting a neutral trend. Price hovered slightly above the 50SMA for most of the session, indicating potential bullish bias. On the daily chart, the 50SMA is currently at $0.0395 and the 200SMA near $0.0388, placing the current price at a neutral position between the two.

MACD & RSI

The MACD histogram showed a mix of positive and negative bars, with no clear momentum divergence. RSI remained in the mid-range, hovering between 40 and 60, indicating a balanced market with no strong overbought or oversold conditions. The RSI reached 55 at the peak of the late morning rally, but it didn’t cross into overbought territory.

Bollinger Bands

Volatility expanded in the late morning and early afternoon, with the Bollinger Bands widening to about 0.0020 in range. Price stayed within the bands for most of the session, with a brief touch of the upper band during the rally. This suggests moderate volatility and limited directional bias. The mid-line of the bands remained above $0.0390, supporting a balanced price range.

Volume & Turnover

Volume was relatively even across the session, with a sharp increase in the 15:45 ET candle when 706,631.1 units were traded. This coincided with a price drop toward the lower end of the range, suggesting bearish conviction. Notional turnover also spiked during this period. Price and turnover showed some divergence in the early part of the session, with higher volume at lower prices, indicating possible bearish activity.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from $0.0375 to $0.0404, the 38.2% and 61.8% retracements are at $0.0391 and $0.0389 respectively. Price approached these levels multiple times during consolidation, but failed to break through either. On the daily chart, the 38.2% retrace of the recent major move is at $0.0395, and 61.8% at $0.0391—both of which appear to be key psychological levels.

Backtest Hypothesis

The RSI Oversold 1-Day Hold strategy, which entered long positions when RSI fell below 30 and exited after one day, has shown a historically strong performance on CETUSUSDT. From 2022-01-01 to 2025-11-13, the strategy achieved a total return of 69.8% with an annualised return of 43.5%, and a Sharpe ratio of approximately 1.09. While this approach is data-driven, it relies on short-term momentum and is not protected by stop-loss mechanisms, making it sensitive to sudden volatility or black swan events.