Market Overview for Celer Network/Tether (CELRUSDT) on 2025-12-29

Summary
• Price action shows a bearish consolidation after a late-night rally, with resistance at 0.003905 and support near 0.003815.
• Volume and turnover increased during the early morning hours, with a divergence in price and volume later in the day.
• RSI and MACD signal weakening momentum, with the RSI approaching oversold territory and MACD lines flattening.
• Bollinger Bands show reduced volatility in the morning and a re-expansion by afternoon, with price testing the lower band.

Celer Network/Tether (CELRUSDT) opened at 0.003818 on 2025-12-28 at 12:00 ET, reached a high of 0.003922, a low of 0.003758, and closed at 0.00382 at 12:00 ET on 2025-12-29. The 24-hour volume was 43,695,225.8, and notional turnover was 173,834.95 USDT.

Structure & Formations

The price action over the 24-hour period features a bearish consolidation pattern after a sharp rally into the early morning. A key resistance is visible at 0.003905, where the price stalled multiple times, including a failed bullish breakout in the afternoon. The support level appears near 0.003815, where the price found buying interest after a short-term bearish reversal. Notable candlestick patterns include a bearish engulfing pattern at the peak and a bullish reversal at the 0.003804 level.

Moving Averages

On the 5-minute chart, the price spent much of the morning below both 20 and 50-period moving averages, indicating a bearish bias. By the early afternoon, it briefly crossed above the 20-period MA before retreating. On the daily timeframe, the 50-period MA currently sits above the 100-period MA, suggesting intermediate-term bearish momentum, while the 200-period MA provides a broad context of longer-term support near 0.003825.

MACD & RSI

The MACD line flattened after the morning's selling pressure, with a bearish crossover occurring midday. The RSI shows a weakening in momentum, dropping into oversold territory below 30 in the afternoon. This suggests potential for a short-term bounce, though a sustained move back above 0.003875 may require stronger conviction and volume.

Bollinger Bands

Volatility was compressed in the early morning, with price tightly confined within the bands. As the day progressed, the bands expanded, and the price tested the lower band multiple times, especially during the midday sell-off. A close above the upper band has been absent over the 24-hour period, reinforcing the bearish bias.

Volume & Turnover

Volume spiked during the early morning and afternoon sell-offs, with notional turnover peaking at around 0.003804. However, a divergence emerged later in the day, where volume decreased despite continued downward movement. This divergence could indicate a temporary loss of bearish conviction and may hint at a short-term bottom forming.

Fibonacci Retracements

Applying Fibonacci retracements to the overnight rally, price tested the 61.8% level at 0.003816 before consolidating lower. A break below this level could see price targeting the 78.6% retracement at 0.003765. On a larger daily scale, the 38.2% retracement aligns with the 0.00385 level, which appears to be a key psychological hurdle for bulls.

Celer Network/Tether may test near-term support at 0.003815 in the coming hours, with a potential bounce into the 0.00384–0.00385 range. Traders should remain cautious as volatility remains elevated and volume patterns suggest mixed sentiment.