Market Overview for Celer Network/Tether (CELRUSDT) – October 1, 2025

• Price surged above 0.00705 after a bullish breakout from a tight consolidation pattern.
• Strong volume growth in the second half of the day confirmed rising buying pressure.
• RSI moved into overbought territory, suggesting a possible short-term pullback.
• Bollinger Bands widened, reflecting increased volatility amid aggressive price movement.
• Turnover spiked over $4 million as CELRUSDT tested key resistance at 0.00746.

Celer Network/Tether (CELRUSDT) opened at 0.00698 on October 1, 2025, and rose to a 24-hour high of 0.00746 before closing at 0.00743 at 12:00 ET. Total volume amounted to 96.5 million CELR, with turnover exceeding $4.12 million over the 24-hour window. A breakout from a tight consolidation zone and strong volume confirmed rising bullish momentum in the latter half of the trading session.

Structure & Formations

The price formed a bullish breakout pattern from a 15-minute consolidation channel between 0.00707 and 0.00720, followed by a strong move to the upside. Key resistance levels emerged at 0.00716, 0.00729, and 0.00746, with the latter offering the most significant psychological barrier. A large bullish engulfing pattern appeared at 0.0072–0.00726, confirming the shift in sentiment. Notable support levels include 0.00712 and 0.00705, which have been tested multiple times during pullbacks.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart have been bullish, with price trading above both. The 50-period MA acted as dynamic support during retracements. On the daily chart, the 50 and 100-period MAs have been bullish, while the 200-period MA remains neutral. Price currently holds above the 100-period MA, suggesting the uptrend remains intact.

MACD & RSI

The MACD crossed above the signal line midday, confirming a bullish momentum shift. The histogram has shown increasing divergence in favor of the bulls. RSI pushed into overbought territory above 70, signaling possible near-term profit-taking and a potential correction to key support levels. While momentum remains strong, caution is warranted as overbought conditions often precede pullbacks.

Bollinger Bands

Bollinger Bands expanded significantly during the breakout, reflecting increased volatility. Price closed near the upper band at 0.00746, suggesting a strong continuation signal. However, this position also increases the likelihood of a short-term reversal or consolidation period as traders take profits.

Volume & Turnover

Volume surged in the late afternoon and evening trading hours, with notable spikes above 2.5 million CELR. Turnover followed suit, with the largest spike occurring at the breakout level. The alignment of rising price with strong volume indicates conviction in the move higher. No significant price-volume divergence was observed, reinforcing the strength of the bullish narrative.

Fibonacci Retracements

Fibonacci levels applied to the key 15-minute swing from 0.00705 to 0.00729 showed a retest at 0.00716 (38.2%) and 0.00720 (50%), both of which were held. On the daily chart, the 61.8% retracement level at 0.00735 appears to be the next critical resistance. A break above 0.00746 would target the 76.4% level at 0.00754.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions on a bullish breakout above the 0.00716 level, with a stop-loss placed just below the 0.00712 support. A take-profit target could be set at the 0.00729–0.00735 range, aligning with key Fibonacci and resistance levels. This approach would aim to capitalize on the breakout momentum confirmed by strong volume and MACD divergence. Traders might also consider using the RSI as a filter, entering only when it crosses above 55 to avoid early entries during false breakouts.