Market Overview for Cetus Protocol/Tether (CETUSUSDT): 24-Hour Analysis as of 2026-01-08

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Thursday, Jan 8, 2026 11:34 pm ET1min read
CETUS
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Aime RobotAime Summary

- CETUSUSDT formed a bullish engulfing pattern at 0.0276–0.0277 but failed to hold above 0.0280, invalidating the breakout.

- RSI approached overbought levels (~70) and MACD showed divergent peaks, signaling weakening momentum despite price gains.

- Volume spiked 5x at 0.0281 but waned afterward, indicating mixed conviction as price retreated to 0.0269.

- 50-period MA crossed above 20-period MA on 5-min chart, suggesting short-term bullish bias, while 0.0269 aligns with key 38.2% Fibonacci retracement as potential support.

Summary
• Price formed a bullish engulfing pattern around 0.0276–0.0277 after a morning consolidation phase.
• RSI approached overbought territory mid-day, suggesting short-term momentum may ease.
• Volatility expanded after 00:00 UTC with a 0.0281 high, but failed to hold above 0.0280.
• Volume spiked 5x at 0.0281 peak but waned afterward, showing mixed conviction.
• 50-period MA crossed above 20-period MA on 5-min chart, signaling short-term bullish bias.

Cetus Protocol/Tether (CETUSUSDT) opened at 0.0273 on 2026-01-07 at 12:00 ET, reached a high of 0.0284, and closed at 0.0269 as of 12:00 ET on 2026-01-08. The pair traded within a 0.0263–0.0284 range, with total volume of ~29.7 million and turnover of ~856,578.

Structure & Formations


Price formed a bullish engulfing pattern at 0.0276–0.0277 in the early hours of 2026-01-08, signaling a short-term reversal. However, the pattern was soon invalidated as price fell back to 0.0269 by the end of the day, failing to confirm breakout strength. Key support was observed near 0.0273–0.0274, while resistance remained contested between 0.0279 and 0.0281.

Moving Averages and Momentum

The 50-period MA crossed above the 20-period MA on the 5-minute chart in early morning, suggesting a temporary bullish tilt. RSI reached a peak of ~70 during the day, hinting at overbought conditions and possible near-term profit-taking. MACD showed a divergent peak at 0.0281, indicating weakening momentum despite rising price.

Volatility and Bollinger Bands


Volatility increased significantly around 00:00 UTC as the pair surged to 0.0281 and remained elevated until ~07:00 UTC. Price remained within the upper Bollinger Band for several hours before retreating to the mid-band. A contraction in band width was noted near 0.0274–0.0275, suggesting a potential consolidation phase.

Volume and Turnover


Volume spiked to ~1.89 million at 0.0281, but turnover failed to confirm strength, peaking at ~52980.75. A divergence emerged between volume and price, with lower volume observed during the final leg of the decline to 0.0269, suggesting weak bearish conviction.

Fibonacci Retracements


A key 0.0276–0.0281 move saw price retest the 61.8% level at 0.0279 before reversing. On the daily chart, the 0.0269 level aligns with the 38.2% retracement from the recent 0.0273–0.0284 range, suggesting a potential support level for the next 24–48 hours.

Price may attempt a bounce off 0.0269–0.0270 in the near term, but risk of a break below this level remains, particularly if volume declines further or RSI fails to show recovery. Investors should monitor 0.0273 as a critical support line to gauge broader sentiment.