\$CETUS
CETUS is exhibiting noticeable short-term strength, though a closer look reveals some caution. Currently priced at \$0.1249, it’s hovering near its 24-hour high of \$0.1251, which looks bullish at first glance, especially after a solid +10.73% daily gain. Trading volume is significant, over 38 million CETUS, but much of it may be driven by speculation. The 7-day moving average is 0.1181, while the 25-day and 99-day averages are 0.1152 and 0.1116, showing a rapid price rise alongside a widening gap that often signals a potential correction.
A key point is the relatively low support, with the 24-hour low at \$0.1104 and price bouncing nearly 13% from that level. This could indicate strong buying interest or volatility fueled by short-term traders chasing gains. With moving averages converging and volume surging, it looks like traders are rotating quickly. While CETUS might see another short-term push, unless it establishes a stable base above \$0.12 with reduced volatility, a healthy pullback—or a sharp drop if liquidity falters—could follow.