CETUS Price Prediction for May 29: Bulls Defend $0.15 as Resistance Looms Near $0.172

After a sharp correction last week, the CETUS price today is attempting a recovery, trading near $0.165, up nearly 3% intraday. Despite the recent bounce, the token remains capped by strong resistance zones, and its short-term structure still reflects high CETUS price volatility as traders assess whether the rally can continue or stall below key levels.

The broader trend remains indecisive, but technical indicators are offering early signs of renewed momentum. That said, bulls will need a sustained break above the $0.172 resistance to re-establish control in the near term.

What’s Happening With CETUS’s Price?

The CETUS price action over the last 72 hours has been defined by a sharp rebound from the $0.130 support base. As shown on the 30-minute and 4-hour charts, the token has broken above its falling wedge structure, rallying more than 25% from recent lows. However, the rally paused near the $0.172 supply zone, which is aligned with the upper Bollinger Band and 50-EMA on the 4-hour chart.

The CETUS price is now facing immediate resistance between $0.170 and $0.175, while intraday support is established around $0.158 and $0.150. Below that, a key bullish anchor remains at the confluence zone of $0.130–$0.132, which also aligns with the ascending trendline support drawn from April’s low.

Indicators Show Momentum but Warn of Overhead Supply

From a momentum perspective, the Relative Strength Index (RSI) on the 30-minute chart is hovering around 61, showing some room for upside before reaching overbought territory. The Stochastic RSI is in the 70–76 band, suggesting short-term exhaustion but not yet signaling a confirmed reversal.

Meanwhile, the MACD histogram shows a potential bullish continuation, with the MACD line trending above the signal line—although the gap is narrow and momentum remains vulnerable to pullbacks.

Ichimoku Cloud analysis reveals that CETUS price today is holding above the conversion and base lines, with the price clearing the Kumo cloud on intraday timeframes. This supports the case for a continuation rally if bulls manage to defend current levels.

Chande Momentum Oscillator is also back above the zero line, reading 51.15, indicating that net momentum is back in favor of buyers.

Why CETUS Price Going Up Today?

The question is: why is the CETUS price going up today? The recovery is primarily driven by:

• A technical bounce from the 61.8% Fibonacci level near $0.145.
  
• Bullish divergence on momentum indicators during last week’s decline.
  
• Strong buyer reaction at previous support near $0.130, which acted as a demand zone.

Additionally, CETUS price spikes followed after breaking out of a falling wedge that was in place since May 23, suggesting renewed optimism and dip-buying interest.

However, this move is still within the broader corrective structure, and traders are closely watching whether the current rally holds above the $0.162–$0.166 cluster, which includes the 20, 50, and 100-EMA on lower timeframes.

Short-Term CETUS Price Outlook: Breakout or Bull Trap?

The next 24–48 hours are crucial for confirming the strength of this recovery. If CETUS price breaks and closes above $0.172 with strong volume, it may open the door toward $0.188 (38.2% Fibonacci) and eventually the $0.214 level (23.6% Fib and previous distribution range).

On the downside, failure to clear $0.172 or a daily rejection candle at this level could push CETUS back to retest $0.150 and possibly revisit the $0.132 support in the event of broader market weakness.

The Bollinger Bands are starting to expand again on the 4-hour chart, suggesting rising CETUS price volatility after a period of compression. This aligns with potential breakout conditions, although direction remains uncertain until key resistance levels are cleared.

Final Forecast: CETUS Faces Crucial Resistance With Momentum Favoring Bulls

In summary, the CETUS price update for May 29 shows early signs of recovery, but the trend remains vulnerable below $0.172. While bulls have defended the $0.130–$0.150 zone with strength, the token still needs a decisive breakout to confirm a shift toward bullish continuation.

Forecast Table: Key Levels to Watch

If momentum holds and volume improves, CETUS could retest mid-May highs. But a rejection here would risk trapping late buyers and extending the range-bound consolidation. Caution is advised near current resistance.