Cetus proof of life or just another hunt?CETUS / Tether PERPETUAL FUTURESMEXC:CETUSUSDT.PMike-BTDCETUS is starting to show a shift in structure after a prolonged downtrend, but this is not the place to chase Price has reclaimed the local range low and is pushing into a key supply zone where sellers previously controlled the market What matters here is not the move up but how price behaves inside this range Right now this looks like a developing accumulation with higher lows forming, but it is still sitting directly under resistance Two scenarios to watch If price builds structure above this zone and holds, that signals acceptance and opens the door for continuation higher If price gets rejected and falls back into the range, this becomes another distribution and likely rotates lower again Momentum is improving but not fully confirmed, so this is a patience zone not an entry zone Key idea Wait for structure not emotion Break and hold leads to expansion Rejection leads to rotation Most traders lose here by jumping early Let the market prove direction first