Market Overview for Celer Network/Tether (CELRUSDT) – 24-Hour Summary

• CELRUSDT opened at 0.00786 and traded within a 0.00782–0.00808 range, closing at 0.00787.
• Key support at 0.00784–0.00787 and resistance at 0.00795–0.00807 held during consolidation.
• Momentum shifted twice, with a bearish divergence noted in the latter half of the session.
• Volume surged to 6.3M at peak, while turnover reached $50.7K—confirming late-range volatility.
• A potential bearish continuation pattern emerged near 0.00784 after a failed rebound.

Celer Network/Tether (CELRUSDT) opened at 0.00786 on 2025-10-03 at 12:00 ET and closed at 0.00787 on 2025-10-04 at 12:00 ET. The pair traded between a low of 0.00782 and a high of 0.00808 during the 24-hour period. Total volume amounted to 40.4 million CELR, with a notional turnover of approximately $316,000.

Structure & Formations

The 15-minute chart revealed a consolidation phase between 0.00784 and 0.00807, punctuated by a failed bullish attempt near 0.00807 and a bearish rejection at 0.00784. A key bearish pattern, the bearish engulfing, was observed during the 02:15–02:30 ET session, indicating a potential breakdown in buyer momentum. A doji appeared at 03:45 ET, suggesting indecision and possible reversal at the lower end of the range.

Moving Averages

On the 15-minute chart, the 20-period EMA crossed below the 50-period EMA around 22:30 ET, signaling a shift in momentum. On the daily chart, the 50-period SMA (0.00793) and 200-period SMA (0.00798) remain in a flattening alignment, indicating a neutral bias with potential for a break in either direction. The 100-period SMA at 0.00794 sits below the 50-period SMA, reinforcing a bearish tilt.

MACD & RSI

The 15-minute MACD crossed into negative territory around 23:45 ET, confirming bearish momentum. RSI briefly dipped into oversold territory (35–40) but failed to spark a strong rebound, suggesting a lack of conviction in buyers. A bearish divergence was noted between RSI and price action from 02:30 to 04:00 ET, signaling potential further downside.

Bollinger Bands

Volatility expanded after 22:30 ET, with price reaching the upper band at 0.00807 before retracting. The bands compressed briefly at 00:45–01:00 ET, indicating a period of low volatility followed by a breakout. Price closed near the lower band (0.00784), suggesting bearish bias for the immediate future.

Volume & Turnover

Volume surged during the 21:15–22:30 ET and 02:15–04:45 ET windows, coinciding with key price swings. Notional turnover hit $50.7K at 22:30 ET, confirming the largest move of the day. Divergence between volume and price occurred in the 04:30–06:00 ET window, where volume declined despite a small price rally, casting doubt on the strength of the upward movement.

Fibonacci Retracements

On the 15-minute chart, key retracement levels were drawn from the 0.00782 to 0.00808 swing. Price tested the 61.8% level at 0.00795–0.00797 twice but failed to hold, suggesting bearish bias. On the daily chart, the 38.2% retracement at 0.00793 and 61.8% at 0.00789 appear to be key areas to watch for near-term directional shifts.

CELRUSDT is currently consolidating within a defined 0.00782–0.00808 range, with bearish momentum gaining strength as buyers fail to hold key resistance levels. A breakdown below 0.00784 could target the next support at 0.00778–0.00779, while a retest of 0.00795 may trigger a short-lived rebound. Investors should remain cautious as divergences in RSI and volume suggest weakening bullish conviction.

Backtest Hypothesis

For the upcoming 24 hours, a potential trade setup emerges from the bearish engulfing pattern observed at 02:15–02:30 ET, which coincided with a breakdown in buyer momentum. A backtest strategy could involve entering a short position at 0.00787 with a stop-loss above 0.00793 and a target at 0.00778–0.00779. This setup aligns with the RSI divergence and bearish MACD crossover, enhancing the probability of a continuation. A trailing stop could be used to lock in gains as price approaches the lower Bollinger Band. The Fibonacci 61.8% level at 0.00795 and the 50-period EMA at 0.00793 provide dynamic reference points for monitoring trend strength and potential reversals.