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Summary
• Price consolidated between $0.0286 and $0.0291 amid mixed momentum.
• Volume surged in late ET sessions, but price failed to follow through.
• RSI indicated overbought conditions during the morning rally.
• A potential bullish engulfing pattern formed near $0.0289.
Cetus Protocol/Tether (CETUSUSDT) opened at $0.0286 on 2025-12-06 at 12:00 ET, reached a high of $0.0293, touched a low of $0.0286, and closed at $0.0289 by 2025-12-07 at 12:00 ET. Total volume was 8,417,189.3, with turnover amounting to $244,977.
Structure & Formations
Price action remained within a tight consolidation range between $0.0286 and $0.0291 for most of the 24-hour window, with key support at $0.0286 and resistance at $0.0291.

Volume & Turnover
Volume spiked significantly in the 480-minute period from 00:00 to 03:15 ET, with a single 5-minute bar on 2025-12-07 at 03:15 ET showing $847,874.1 in volume. However, price failed to break above $0.0291 during that period, indicating limited buying conviction. Turnover mirrored this volume activity, peaking during the same hours but showing divergence in price direction.
Momentum and Volatility
Relative Strength Index (RSI) reached overbought territory multiple times during the morning rally, peaking near 70 before correcting. The MACD line showed positive divergence in the morning but reversed into negative territory as selling pressure increased. Volatility, as measured by Bollinger Band width, remained relatively narrow, indicating a period of consolidation rather than breakout conditions.
Forward Outlook
The $0.0291 level could test buyers' resolve in the coming 24 hours. A sustained break above this resistance with increasing volume may signal a resumption of the uptrend, but a failure could lead to a retest of the $0.0286 support. Investors should remain cautious and watch for signs of a breakdown or breakout.
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