Celer Network/Tether (CELRUSDT) Market Overview

Summary
• Price formed bearish engulfing patterns mid-day, suggesting short-term bearish bias.
• Volatility expanded in early hours with a 5.4% decline from high to low.
• Turnover surged in late morning as price approached key support near $0.004216.

• RSI signaled oversold conditions near $0.00427, hinting at potential rebound.
• MACD crossed into negative territory, indicating weakening bullish momentum.

Celer Network/Tether (CELRUSDT) opened at $0.004466 on 2026-01-14 at 12:00 ET, peaked at $0.004466, and closed at $0.004253 on 2026-01-15 at 12:00 ET, after hitting a low of $0.004147. Total volume reached 11,951,831.2 CELR, with notional turnover of $51,862.37.

Structure & Formations

Price formed multiple bearish engulfing patterns from 20:30 to 22:00 ET as the pair dropped from $0.0044 to $0.0043. A notable bearish doji appeared at $0.004286 during the 08:00–08:15 ET window. Key support levels were identified near $0.004216 and $0.004187, which held during a late-night pullback.

Moving Averages

On the 5-minute chart, the 20-period and 50-period SMAs were in a bearish crossover by 20:45 ET, confirming the downward trend. On the daily chart, the 50-period SMA at $0.004293 now acts as immediate overhead resistance, while the 200-period SMA sits at $0.004370, a level that failed to hold during the early drop.

MACD & RSI

The MACD crossed into negative territory at 20:15 ET and maintained bearish momentum with a declining histogram. RSI dipped into oversold territory near 27 at 04:45 ET but failed to trigger a strong rebound. A potential bullish divergence in RSI emerged after 09:45 ET, suggesting a possible short-covering rally.

Bollinger Bands

Volatility expanded as the Bollinger Band width widened from ~0.000025 to ~0.000063, with price briefly touching the lower band at $0.004147. The mid-band sat at $0.004254, just above the daily close, suggesting a possible consolidation phase.

Volume & Turnover

Volume spiked at 04:45 ET and again at 16:00 ET, confirming bearish breakdowns near support levels. Turnover rose to a peak of $11,554 at 15:45 ET during a sharp decline from $0.004258 to $0.004210. A notable divergence between rising turnover and falling price was observed between 06:00–07:30 ET, indicating growing bearish conviction.

Fibonacci Retracements

The 61.8% retracement level of the key 0.004466–0.004187 swing sits at $0.004239, a level tested twice on the 5-minute chart. The 38.2% retracement at $0.004350 provided temporary resistance in the morning before price broke below.

In the coming 24 hours, CELRUSDT may test the next support level at $0.004187, with a potential bounce expected if RSI shows signs of divergence. Traders should remain cautious about the risk of a breakdown below $0.004147, which could trigger further bearish momentum.