• Celer Network (CELRUSDT) traded in a tight range for most of the session before breaking higher in late ET hours.
• A bullish breakout above $0.00917 in early ET suggests renewed buying interest and potential for further upward movement.
• RSI and MACD showed diverging momentum signals during the consolidation phase, indicating mixed short-term sentiment.
• Volatility increased sharply during the breakout, with volume surging to over 1.4 million at the peak.
• Bollinger Bands expanded during the final 5 hours, reflecting higher uncertainty and potential for extended price movement.
Celer Network (CELRUSDT) opened at $0.00893 on 2025-07-18 at 12:00 ET and reached a high of $0.00925 before closing at $0.00889 at 12:00 ET the next day. The 24-hour session saw total volume of approximately 75.4 million CELR and notional turnover of around $676,000.
Structure & Formations
The 15-minute chart displayed a consolidation pattern between $0.00885 and $0.00905 for most of the session, with a decisive breakout occurring after 4:00 AM ET. A bullish engulfing pattern formed around $0.00917, suggesting a shift in short-term momentum. Key support levels were identified at $0.00895 and $0.00885, both of which were tested during the late ET decline. No significant bearish patterns emerged during the session.
Moving Averages
On the 15-minute chart, price spent most of the session below the 20-period and 50-period moving averages, indicating a bearish bias early on. However, the breakout pushed price above both, creating a potential reversal signal. On the daily chart, the 50-period MA was slightly above the 100-period MA, suggesting a neutral to mildly bullish trend.
MACD & RSI
The MACD crossed into positive territory after the breakout, confirming a shift in momentum. RSI rose above 50 during the breakout but did not reach overbought territory, indicating a measured but sustained move higher. During the consolidation phase, RSI showed a bearish divergence with price, hinting at potential for a breakout.
Bollinger Bands
Volatility remained relatively low for most of the session, with price staying within a narrow band between $0.00885 and $0.00905. The breakout coincided with a sharp expansion of the bands, suggesting increased uncertainty and the likelihood of extended price movement. Price closed near the upper band, indicating a bullish bias in the near term.
Volume & Turnover
Volume surged during the breakout, with a 15-minute bar at 4:00 AM ET showing over 1.4 million CELR traded, the highest of the session. Notional turnover increased in tandem, confirming the strength of the move. A divergence between volume and price was observed during the consolidation phase, with declining volume failing to support a lower close. This suggests weakening bearish pressure before the breakout.
Fibonacci Retracements
Applying Fibonacci levels to the breakout move from $0.00917 to $0.00925, the 38.2% retracement level at $0.00920 and the 61.8% at $0.00915 became key resistance levels. Price briefly tested the 61.8% level before retreating, suggesting potential for further consolidation or a retest of these levels. On the daily chart, the 38.2% retracement of the recent rally from $0.00885 to $0.00925 is at $0.00907, which was briefly tested but not held.
Celer Network (CELRUSDT) may see continued consolidation near $0.00885–$0.00905 in the next 24 hours, with a potential retest of the breakout level at $0.00917. Traders should monitor volume and RSI for signs of a reversal or continuation. As always, volatility remains a key risk, and sharp moves in either direction are possible.
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