May. 31 at 3:47 AM
$CETY appears to be in a similar, but not identical, technical setup compared to its 2024 chart history.
Both the 2024 and 2026 weekly charts show similarities in candlestick structure and PSAR positioning. However, the key difference is in the RSI trend. In 2024, RSI was moving downward from around the 50 level toward the 40 range, and price action continued to weaken. During June and July of 2024, there were no major news catalysts to support a reversal.
In the current 2026 setup, RSI appears to be moving upward from deeply oversold levels near 20 toward the 30–40 range. This may suggest early momentum is building, especially if supported by strong company news.
The broader chart still shows
$CETY in oversold territory, with PSAR currently above the candlesticks. Monday begins a new monthly candle, which could create a potential breakout opportunity if the company releases meaningful news, preferably with numbers, contracts, revenue updates, or measurable business progress.
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