Market Overview for Cetus Protocol/Tether (CETUSUSDT) on 2026-01-13

Summary
• Price formed bullish engulfing patterns near 0.0265–0.0270, suggesting short-term bullish momentum.
• Volatility expanded after 12:00 ET, with volume spiking to 439,800 by 16:45 ET.
• RSI hit 68 at 17:00 ET, indicating approaching overbought conditions.
• Bollinger Bands showed contraction early morning followed by a sharp expansion.

At 12:00 ET on 2026-01-13, Cetus Protocol/Tether (CETUSUSDT) opened at 0.0271 and closed at 0.0279, with a high of 0.028 and a low of 0.0264 over the 24-hour period. Total volume reached 4,398,148.9 with a notional turnover of 121,953.71.

Structure & Moving Averages

Price action revealed key support at 0.0264–0.0265 and resistance at 0.027–0.0271. A bullish engulfing pattern formed at 0.0268–0.0270 early morning, signaling a potential short-term reversal. On the 5-minute chart, the 20-period MA closely followed price, while the 50-period MA acted as a dynamic support. The daily 50/200 MA showed a bullish bias, with price above both.

MACD & RSI

The MACD line remained above zero after 15:00 ET, indicating strong upward momentum. RSI climbed to 68 near 17:00 ET, approaching overbought territory, suggesting a potential pullback. The divergence between rising price and stabilizing RSI implies caution in maintaining bullish assumptions.

Bollinger Bands

Bollinger Bands showed a period of tight consolidation from 00:00–06:00 ET, followed by a sharp expansion as price broke above the upper band after 14:00 ET. Price remained within the bands for most of the session, but the upper band was tested multiple times, reinforcing the 0.0274–0.0276 level as a key resistance.

Volume & Turnover

Volume surged to over 439,800 at 16:45 ET, coinciding with a push toward 0.028. Turnover confirmed the bullish move, with the highest notional value recorded between 16:15–17:00 ET. Divergence between price and volume was minimal, indicating strong conviction in the move higher.

Fibonacci Retracements

Applying Fibonacci to the 0.0264–0.028 swing, key levels include 0.0266 (38.2%), 0.0273 (50%), and 0.0277 (61.8%). Price tested the 50% level around 15:30 ET and pushed to the 61.8% level by 17:00 ET, suggesting a potential continuation if support at 0.0273 holds. Market participants may expect a consolidation phase if RSI corrects below 60, but the 0.0264–0.0265 level remains critical for continued bullish momentum. Investors should monitor for volume confirmation or divergence at the next 50-period MA crossover.