Market Overview for Celer Network/Tether (CELRUSDT): 2025-11-06 24-Hour Analysis

Summary
• CELRUSDT rallied from $0.005075 to $0.005323, reversing to close at $0.005086 amid high-volume indecision.
• Bullish momentum peaked around $0.005273, followed by a sharp pullback and bearish divergence in RSI.
• Volatility expanded midday before contracting in the final hours, signaling potential consolidation.

Celer Network/Tether (CELRUSDT) opened at $0.005096 on 2025-11-05 12:00 ET, surged to a high of $0.005323, and closed at $0.005086 by 2025-11-06 12:00 ET. The 24-hour volume totaled approximately 28,281,524 CELR, with notional turnover reaching $147,660.

The price action displayed strong volatility early in the session, with a key breakout above $0.005265 followed by a sharp reversal into consolidation. A large bearish candle around 2025-11-05 20:30 ET confirmed weakening momentum. The RSI hit overbought territory above 60, then dropped into neutral territory, suggesting a possible pullback.

Bollinger Bands expanded during the midday rally but began to contract in the final hours, indicating potential range-bound trading ahead. Key support levels appear to be forming near $0.005075 and $0.005035, with resistance at $0.005160 and $0.005273. A bullish engulfing pattern at $0.005242–$0.005272 suggested short-term strength, but it failed to hold, signaling bearish pressure.

Volume was highest during the midday rally and pulled back sharply in the last few hours, aligning with the price consolidation. A divergence between rising price and declining volume in the final 6 hours suggests weak conviction in the current rally.

Fibonacci retracements from the 2025-11-05 22:45 ET low to the 2025-11-05 23:00 ET high indicate potential support at 38.2% (~$0.005209) and 61.8% (~$0.005165). These levels may offer near-term reentry opportunities for short-term traders. The 50-period EMA on the 15-minute chart acted as a dynamic support line until 2025-11-06 01:00 ET, after which it turned bearish.

Moving Averages showed bearish alignment by the end of the 24-hour period, with the 20-period and 50-period EMA on the 15-minute chart crossing below the price. The daily MA 50 and 100 also remained bearish, reinforcing the broader trend. MACD crossed into negative territory, signaling weakening momentum and potential bearish continuation.

Backtest Hypothesis
To evaluate a potential strategy based on the Bullish-Engulfing pattern, we need a signal list for CELRUSDT over the past 24 hours. Since the data source does not recognize the ticker symbol, we have a few options to proceed. One option is to try alternative ticker formats such as BINANCE:CELRUSDT or CELR-USD, which might align with the data provider's system. Another is to manually input any known dates when a Bullish-Engulfing pattern occurred. If none are available, we could manually extract the 15-minute OHLC data and compute the pattern ourselves—though this will require an additional step and a different tool. If you prefer one of these approaches, please specify so we can proceed with the backtest.