Market Overview for Celer Network/Tether (CELRUSDT) – October 12, 2025

• Price declined sharply from 0.0055 to 0.00505 within 24 hours, ending at 0.00527.
• Momentum weakened as RSI approached oversold levels, suggesting short-term exhaustion.
• Volatility increased during the drop, with large-volume bearish swings from 0.00548 to 0.00502.
• Bollinger Bands showed a sharp contraction in the morning followed by a price break lower.
• A bullish reversal pattern formed in the final 4–6 hours, hinting at possible consolidation.

Celer Network/Tether (CELRUSDT) opened at 0.00546 on October 11, 2025 at 12:00 ET, hit a high of 0.00561, dipped to a low of 0.00502, and closed at 0.00559 at 12:00 ET on October 12. Total volume for the 24-hour period was 99,678,914.5, with total turnover reaching $532,925. Price action saw a sharp bearish move in early hours, followed by a late-day rally.

Structure & Formations
Price followed a clear bearish trend from 0.00548 to 0.00502, forming a key support level at 0.00502. Resistance re-emerged in the final hours as price tested 0.0055 and 0.0056, forming a potential bullish reversal pattern. A bearish engulfing pattern was visible in the early morning hours as price dropped from 0.00547 to 0.00509. A doji at 0.00513 and 0.00515 suggested indecision between buyers and sellers.

Moving Averages
15-minute moving averages (20/50) remained bearish for much of the day, with the 50-period line crossing below the 20-period line during the bearish decline. Daily 50-period and 100-period moving averages crossed, reinforcing a bearish bias. The 200-period MA held above 0.00535, indicating longer-term support. The price closed above the 20-period MA, suggesting short-term momentum could be stabilizing.

MACD & RSI
The MACD turned negative during the bearish phase, confirming the downward momentum. RSI dropped to 28 near 0.00505, signaling oversold conditions and a potential bounce. The stochastic RSI crossed its signal line from below, adding a bullish signal to the late-day rally. However, RSI remains in a bearish range unless further strength emerges.

Bollinger Bands
Bollinger Bands contracted sharply between 04:00 and 06:00 ET, followed by a significant break to the downside. Price closed near the lower band at 0.00559, indicating potential for a retest of the middle band. The expansion of the bands during the bearish phase showed a rise in volatility, while the contraction hinted at a period of consolidation prior to the sharp move.

Volume & Turnover
Volume surged during the bearish break below 0.00548, with a peak at 10,293,383.4 CELR in the 08:45 ET candle as price dropped to 0.0052. Turnover confirmed the price move, with a notable divergence between volume and price during the late-day rally—volume remained moderate despite a 1.8% price increase from 0.00515 to 0.00559, signaling cautious optimism.

Fibonacci Retracements
Applying Fibonacci to the 0.00548 to 0.00502 swing, the 38.2% (0.00530) and 61.8% (0.00515) levels were tested in the afternoon. Price found support at the 61.8% level and moved upward, indicating short-term buyers are entering at key retracement levels. The 0.0055 level is now a critical resistance ahead of the 0.00561 high.

Backtest Hypothesis
A potential backtest strategy for this pair could focus on identifying retracement-based entries and short-term momentum shifts. Given the late-day rally from 0.00515 to 0.00559 and the strong volume during the bearish phase, a strategy might include entering long positions on a close above 0.00526 with a stop just below 0.00515 and a target at 0.0054. Additionally, short entries could be triggered on a rejection at 0.00561, using RSI and Bollinger Band expansion as confirmation signals. This approach would require careful management of risk-to-reward ratios and tight stops due to the high volatility observed.