Market Overview: Cetus Protocol/Tether (CETUSUSDT) on 2025-12-16

Summary
• Price opened at $0.025, dropped to $0.0245, then recovered to close near $0.025.
• Key resistance emerged at $0.025, with volume confirming retests but no clear breakouts.
• RSI shows moderate momentum, with no overbought or oversold extremes observed.
• Volatility expanded in the final 6 hours, with a 0.6% price swing from $0.025 to $0.0256.
• Bollinger Bands show recent price action near the upper band, suggesting bullish pressure.

At 12:00 ET–1 on 2025-12-16, Cetus Protocol/Tether (CETUSUSDT) opened at $0.025, reached a high of $0.0256, touched a low of $0.0245, and closed at $0.0256. The 24-hour volume totaled 20,633,857.5, with notional turnover of $516,558.40.

Structure & Key Levels

Price tested the $0.025 level multiple times during the day, forming a bullish flag pattern from $0.0245 to $0.0256. A bearish engulfing pattern appeared at $0.0250–$0.0245, followed by a strong bullish reversal in the late morning session. A key support level appears near $0.0245–$0.0247, while resistance is likely to remain contested at $0.0256–$0.0258.

Trend and Momentum

The 5-minute 20-period and 50-period moving averages remained in tight alignment, reflecting a choppy intra-day trend. The 200-period MA on the daily chart is positioned below the 50-period, indicating a potential medium-term bullish bias. The MACD crossed into positive territory late in the day, suggesting a possible continuation of upward momentum. RSI remained within a neutral range (45–55), with no signs of overbought or oversold conditions.

Volatility and Volume

Volatility increased in the final 6 hours of the session, with Bollinger Bands widening and price pushing to the upper band. This suggests a period of bullish pressure. Volume spiked during the breakout from $0.0253 to $0.0256, confirming strength in the move. Notional turnover increased alongside price, showing no divergence between volume and price.

Fibonacci Retracements

Applying Fibonacci to the key 5-minute swing from $0.0245 to $0.0256, the 38.2% retracement level is at $0.0250 and the 61.8% at $0.0253. Price stalled at the 61.8% level earlier in the day before breaking through, suggesting it may now face resistance above $0.0256. On the daily timeframe, the 38.2% retracement level from a prior bearish move is near $0.0258, which may act as a near-term ceiling.

Price appears poised to test $0.0260 in the next 24 hours, with volume and MACD suggesting a likely continuation of the upward move. However, a pullback to test the $0.0250–$0.0253 range should be monitored as a potential risk.