Celer Network/Tether Market Overview

Summary
• CELRUSDT closed 0.006067% higher after forming a bullish recovery pattern.
• Volatility spiked during the overnight session, with a 6.6% range between high and low.
• RSI hit oversold levels but failed to generate a strong follow-through buy signal.

Celer Network/Tether (CELRUSDT) opened at $0.005942 on 2025-11-10 at 12:00 ET and closed at $0.005867 at 12:00 ET on 2025-11-11. The pair reached a high of $0.0061 and a low of $0.005714, forming a volatile 24-hour range. Total volume traded was 39,114,236.9 CELR, with a notional turnover of $234,366.57.

Structure & Formations

The 15-minute chart shows a clear breakdown and recovery pattern over the past 24 hours. A bearish engulfing pattern formed around 22:45 ET on 2025-11-10, sending the pair below the 0.0060 support level. However, a bullish reversal followed after hitting a low of 0.005714, with a series of higher lows forming between 05:15 ET and 15:45 ET. A bullish harami appeared around 12:15 ET on 2025-11-11, suggesting potential short-term consolidation. The 0.005850 level appears to be a strong support zone, currently acting as a floor for the pair.

Moving Averages

On the 15-minute timeframe, the 20-period and 50-period moving averages are in a bearish crossover, with the price trading below both. This suggests short-term bearish momentum. On the daily chart, the 50-period MA is above the 100-period and 200-period MAs, but the price remains below the 50-period MA. This divergence could indicate short-term weakness despite a broader bullish trend.

MACD & RSI

The MACD histogram turned negative after the overnight sell-off but has shown a modest positive divergence during the early morning recovery. RSI reached a 14-period low of 29.12 near the 05:30 ET trough but has since rebounded to 51.30, suggesting a possible shift toward neutral to slightly bullish momentum. However, the RSI remains below the 50 threshold, and no clear overbought conditions are present.

Bollinger Bands

The price has spent most of the 24-hour period within the Bollinger Band range, with a brief excursion to the upper band during the 22:45 ET spike. The band width has slightly widened overnight, indicating increased volatility. Current price is near the midline of the Bollinger Bands, which is consistent with consolidation patterns.

Volume & Turnover

Volume spiked sharply during the early morning sell-off, peaking at 7.2 million CELR between 05:30 ET and 06:00 ET. This coincided with the deepest intraday low. However, a significant portion of the volume occurred during the 22:45 ET–01:15 ET period, suggesting large institutional or automated activity. Notional turnover during this period totaled $152,732.50, or 65% of the total 24-hour turnover. Volume during the morning recovery phase was lower but steady, indicating accumulation rather than aggressive buying.

Fibonacci Retracements

The most recent 15-minute swing from 0.0061 to 0.005714 has retraced to the 38.2% level (0.005927) as of 15:45 ET on 2025-11-11. The 61.8% level is at 0.005869, which appears to be the current price level. This retracement suggests a potential pause in the short-term bearish trend, with 0.005869 as a key level to watch. On the daily chart, the 61.8% retracement of the broader 0.005714–0.0061 move remains a key resistance level.

Backtest Hypothesis

The RSI-based strategy tested on CELRUSDT from 2022–2025 shows moderate returns despite a high maximum drawdown, indicating a volatile but potentially rewarding approach in the long run. With CELRUSDT currently near the RSI neutral zone and showing signs of consolidation, this strategy could see its first actionable buy signal in the coming 24 hours if the RSI dips below 30 and closes above 50. Investors should be cautious, given the large drawdowns typical of this approach, but the strategy’s positive average trade and relatively high annualized return make it a compelling test for CELRUSDT.