Market Overview for Celer Network (CELRUSDT)

• Celer Network (CELRUSDT) formed a bullish breakout above 0.00810 amid strong volume in early hours, followed by consolidation.
• Intraday momentum surged during Asian and European hours, with price reaching a 24-hour peak of 0.00845 before retracement.
• Volatility expanded significantly overnight, with Bollinger Bands widening and RSI signaling overbought conditions by 85.
• Volume spiked during the breakout but declined into the afternoon, suggesting potential exhaustion.
• A bearish divergence emerged in RSI despite a higher close, signaling caution for near-term continuation.

Celer Network (CELRUSDT) opened at $0.00809 on 2025-08-10 at 12:00 ET, surged to a high of $0.00845, and closed at $0.00791 at 12:00 ET on 2025-08-11. Total trading volume reached 20.6 million CELR, and notional turnover amounted to $165.2K over the 24-hour period.

Structure & Formations

The price of Celer Network displayed a strong bullish breakout above the 0.00810 psychological level, supported by a large-volume candle that closed at 0.00813. This was followed by a consolidation phase between 0.00810 and 0.00830, where a double-top formation emerged near 0.00845. A bearish reversal candle (a large upper shadow) appeared at 0.00844 on 2025-08-11 03:15 ET, suggesting pressure from sellers. Key support levels formed at 0.00807 and 0.00800, with the 0.00806 level acting as a short-term floor during afternoon trading.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both crossed above the 0.00810 level, reinforcing the bullish bias during the early morning surge. However, by late afternoon, the 50SMA dipped below the 20SMA, signaling potential bearish momentum. On the daily chart, the 50-period, 100-period, and 200-period moving averages were aligned in a bullish setup, indicating a longer-term positive bias for CELRUSDT.

MACD & RSI

The MACD crossed above the signal line just before the breakout, confirming the bullish thrust. RSI surged to overbought territory near 85 in the early hours, a level not seen for weeks. By midday, RSI had declined to 55, aligning with the price consolidation. A bearish divergence began forming in the RSI during the afternoon as price made a higher close but RSI printed a lower high, suggesting weakening momentum and a potential correction.

Bollinger Bands

Bollinger Bands experienced a clear expansion overnight as volatility increased during the breakout, with the price reaching as high as 0.00845 near the upper band. The bands then began to contract during midday, signaling reduced volatility. By the end of the 24-hour period, price closed near the midpoint of the bands, indicating a neutral stance following the intraday turbulence.

Volume & Turnover

Volume spiked sharply during the breakout, with a single 15-minute candle at 00:30 ET recording 1.63 million CELR traded and a turnover of $13.2K. This was a peak for the day. Volume gradually declined through the afternoon and evening, despite price remaining near the 24-hour high. The volume/price divergence in the final hours suggests weakening conviction in the bullish move. Total turnover was concentrated in the early hours, with a gradual decline in the afternoon.

Fibonacci Retracements

Applying Fibonacci levels to the intraday swing from 0.00809 to 0.00845, the price tested the 0.00832 (38.2%) and 0.00827 (61.8%) retracement levels during consolidation. These levels acted as minor support/resistance and were retested multiple times. On the daily chart, the 61.8% retracement level of the previous bearish move sits near 0.00806, which was briefly tested in the final hour of the 24-hour window.

Celer Network appears poised for a potential consolidation phase, with mixed signals from RSI divergence and declining volume. Investors may watch key support at 0.00800 and resistance at 0.00830 for direction in the next 24 hours. As always, sudden news or macro shifts could trigger volatility.