Market Overview for Celer Network/Tether (CELRUSDT)

Summary
• Price consolidates between $0.00397 and $0.004055, with a potential bullish reversal forming at key support.
• Rising volume confirms recent strength in the $0.00402–$0.004055 range, signaling growing accumulation.
• RSI near 55 suggests neutral momentum, with no immediate overbought or oversold signals.

Celer Network/Tether (CELRUSDT) opened at $0.003984, reached a high of $0.004056, and a low of $0.003955, closing at $0.004051. The total volume was 50,933,853 CELR, and notional turnover stood at $206,525.

Structure & Moving Averages

The 5-minute chart shows consolidation between $0.00397 and $0.004055, with CELRUSDT finding support at $0.003955 and resistance near $0.004056. The 20-period and 50-period moving averages are closely aligned, suggesting short-term equilibrium. Over the daily timeframe, the 50- and 100-period moving averages are within a tight range, indicating no strong directional bias at this stage.

Momentum Indicators

MACD is neutral, with a small bullish crossover forming, while RSI stands at ~55, suggesting balanced momentum. No overbought or oversold conditions are currently present, which indicates a period of consolidation or accumulation rather than aggressive trading.

Volatility and Bollinger Bands

Bollinger Bands have widened slightly in the late hours of the 24-hour window, reflecting increased short-term volatility. CELRUSDT has traded near the upper band in the final 5-hour window, suggesting growing conviction among buyers.

Volume and Turnover

Volume and turnover surged in the $0.00402–$0.004055 range, particularly after 04:00 ET, indicating strong accumulation. The price and volume profile is aligned, with no clear divergence between price and turnover.

Fibonacci Retracements

Recent 5-minute swings show the $0.004015–$0.004055 range aligning with the 38.2% and 50% Fibonacci levels, suggesting key psychological support/resistance. On the daily timeframe, the recent low at $0.003955 is near the 61.8% retracement level of a prior bearish move, offering a potential floor for further consolidation.

The recent strength in CELRUSDT appears to reflect a short-term bullish sentiment, with volume confirming the rally. Over the next 24 hours, a break above $0.004056 could indicate further buying, while a retest of $0.00397–$0.003955 may trigger renewed caution. Investors should watch for divergence in volume or momentum indicators as early warnings of potential reversals.