Celer Network/Tether Market Overview (CELRUSDT)

• Price dropped from $0.00628 to $0.00577 on 15-minute chart
• Volatility rose sharply post 17:30 ET
• Bearish divergence in volume and price seen
• RSI approached oversold levels late session
• Bollinger Band contraction suggests low momentum

Celer Network/Tether (CELRUSDT) opened at $0.00598 on 2025-10-13 at 12:00 ET and closed at $0.00577 at 12:00 ET on 2025-10-14. The pair reached an intraday high of $0.00629 and a low of $0.005587. Total volume for the 24-hour period was 61,223,622 CELR, with a notional turnover of approximately $355,426.

On the 15-minute chart, CELRUSDT experienced a sharp bearish correction following a rally that pushed prices to a high of $0.00629 around 19:30 ET. The subsequent sell-off saw the price drop below key support levels, including the 61.8% Fibonacci retracement of the $0.00599–$0.00629 swing at ~$0.00607 and the 50-period moving average (~$0.00604). A series of bearish engulfing patterns emerged during the decline, particularly between 21:00 and 03:00 ET, signaling increasing bearish pressure.

A notable bearish divergence appeared between price and volume after 21:00 ET. While the price continued to fall, volume began to wane, suggesting a potential weakening of the downtrend. The RSI approached oversold territory (below 30) by 06:00 ET, indicating potential for a near-term rebound. However, the MACD remained in negative territory, with the histogram contracting, suggesting waning momentum.

Bollinger Bands showed a moderate expansion as volatility increased during the 17:30–21:00 ET window. Price briefly touched the lower band at ~$0.005587, hinting at a short-term bottom. The 20-period moving average crossed below the 50-period line, forming a bearish crossover that reinforced the downward trend.

The 15-minute chart also reveals key Fibonacci levels that could serve as potential support and resistance in the near term. The 38.2% level (~$0.00589) and 50% level (~$0.00593) may offer initial support, while the 61.8% level (~$0.00597) could act as resistance. A break below $0.005587 would test the next major Fibonacci level (~$0.00549).

Looking ahead, CELRUSDT may find a near-term floor around $0.00570–$0.00580 as RSI suggests oversold conditions. However, bearish momentum remains intact, and a failure to hold above $0.00577 could open the door to further declines. Investors should watch for a potential bounce or a breakdown of the $0.00560 level to gauge the next directional bias.

Backtest Hypothesis
Efforts to retrieve the daily MACD series for CELRUSDT encountered a service error, likely due to a symbol formatting mismatch or data coverage limitations. To proceed with the backtest, using the symbol “BINANCE:CELRUSDT” may resolve the issue. Alternatively, providing a price file or switching to a data provider that supports the “CELRUSDT” format will allow accurate computation of the MACD and detection of golden-cross dates. A valid MACD series is essential for evaluating the efficacy of momentum-based strategies, particularly in identifying trend shifts during volatile swings.