CETUS just dropped nearly 25% after news broke of a major security breach on the Sui network, a blow not only to price but to credibility. Technically, the setup screams oversold: RSI and StochRSI are deep in the red, OBV collapsed, candles slicing downward in textbook panic fashion. A bounce should be expected.
But this isn’t just a technical dip, it’s a fundamental fracture. The protocol was hit, trust is shaken, and while short-term relief might come from oversold conditions, the broader damage lingers.
If you’re buying here, you’re not buying a trend, you’re buying risk. This is no longer just a chart, it’s a referendum on trust.