Binance CETUSUSDT 15m Trend Prediction

Based on various technical indicators, CETUSUSDT on the 15-minute timeframe is currently in a distinctly weak zone: the RSI across multiple periods remains below 40, indicating short-term oversold conditions but without reversal confirmation; further recovery needs to be validated. The MACD and KDJ are exhibiting weakening resonance with no signs of a golden cross, implying the continuation of the short-term bearish trend. The Bollinger Bands parameters show that the current price is close to the lower band, with the percent_b at 0.146, reflecting persistent downward momentum. Although large bullish traders have increased their positions, combined with order book and candlestick patterns, there is suspicion of a rebound trap, and the short-term momentum remains dominated by bears. Regarding support and resistance levels, the current price is nearer to S1 (0.08928). If this level is breached, it is highly likely to test S2 (0.08854). Considering volatility and ATR analysis, a oscillatory downward movement is expected within the 15-minute period, with a short-term target range of 0.08850-0.08930. A bullish reversal candlestick pattern would warrant caution against rebounds, but without clear bottom confirmation, bottom fishing is not advisable. Overall volume, candlestick, and indicator resonance suggest the market will continue its weak trend. In the short term, following the trend to short is recommended, with stop-loss set around 0.09080-0.09100 to tightly control risk. Short-term traders should closely monitor support zones. If the price falls below S1 without significant buying support, it is appropriate to follow the trend to short, targeting the range of 0.08850-0.08930. In case of extreme volume reduction or hidden bullish divergence, partial rebounds may be considered.