Market Overview: Cetus Protocol/Tether (CETUSUSDT) – 24-Hour Analysis

• Price climbed from 0.0763 to 0.0819 during the 24-hour period, showing a bullish trend
• Momentum surged mid-session with RSI peaking near 70, followed by a consolidation
• Volatility expanded through Bollinger Band breaks before retracting
• Volume spiked sharply during the 03:00–05:00 ET window
• A bullish engulfing pattern formed early in the session, followed by a high-volume bullish breakout

The Cetus Protocol/Tether pair (CETUSUSDT) opened at 0.0763 on 2025-10-04 at 12:00 ET and closed at 0.0791 on 2025-10-05 at 12:00 ET. The price hit an intraday high of 0.0819 and a low of 0.0763. Total volume for the 24-hour window was 19,923,812.6, and the notional turnover amounted to approximately 1,565,087.61 USD. The asset exhibited a strong rally, especially during the overnight hours in ET, with notable volume surges supporting the upward movement.

Key support levels appear to be forming around 0.0782–0.0785, which held during a pullback early in the morning of 2025-10-05. Resistance levels are now emerging at 0.0803–0.0805 and 0.0808–0.0810, where price paused on multiple occasions. A bullish engulfing pattern formed during the early afternoon of 2025-10-04, followed by a larger-volume breakout above the 0.0791 level. The 20-period and 50-period moving averages on the 15-minute chart were both bullish, with the 50-period lagging slightly behind the 20-period, suggesting accelerating upward momentum.

On the MACD chart, the fast line crossed above the signal line during the 03:00–05:00 ET window, confirming a bullish momentum shift. The RSI reached levels near 70, indicating overbought conditions, and pulled back toward the 60–65 zone in the afternoon, suggesting a potential consolidation phase. Bollinger Bands showed a noticeable expansion in volatility as the price moved above the upper band during the 04:45–05:00 ET window, followed by a retrace to near the middle band.

Volume spiked sharply during the 03:00–05:00 ET window, coinciding with a breakout above 0.0791. Notional turnover also surged during this period, aligning with the price action and supporting the legitimacy of the rally. Divergence was noted between volume and price in the early morning hours, as volume declined slightly while price continued upward. A 38.2% Fibonacci retracement level at 0.0787 and a 61.8% level at 0.0801 were respected during the 2025-10-05 pullback, indicating strong psychological resistance.

Backtest Hypothesis

Given the observed momentum surge and volume confirmation, a potential backtesting strategy could involve entering long positions on a bullish breakout above the 0.0791 level, as seen in the early morning of 2025-10-05, with a stop-loss just below the 0.0785 support level. A take-profit target could be placed at the 0.0805–0.0808 resistance zone, where price showed initial hesitation. This setup would utilize a combination of moving average alignment, MACD confirmation, and volume surges as entry signals. A trailing stop could be initiated as the price consolidates above 0.0791, with a risk of retesting the 0.0782–0.0785 support if the rally fails to gain further momentum. The strategy may be enhanced by incorporating Fibonacci retracement levels as dynamic targets or stop levels.