$CETUS is showing significant strength, trading at $0.0321 (+8%)! ๐ง The move is driven by heavy capital inflows and the broader strength of the SUI ecosystem.
๐ข The Bull Case
Clean Breakout: Price has smashed through the Upper Bollinger Band with strong momentum.
Trend: Trading well above 7, 25, and 99-period EMAs.
Flows: Substantial capital inflows are reinforcing the upward trajectory.
๐ด The Risks (Overheated)
Extreme Overbought: The RSI-6 is at 91.02 and RSI-12 at 85.99. These are rare, extreme levels that usually signal a local top.
Extension: Price is significantly above the Bollinger Bands, increasing the likelihood of a "snap back" or consolidation.
Shorts: Some traders are already opening bearish setups, betting on a correction.