Market Overview for Celo/Tether (CELOUSDT) on 2025-09-24

• CELO/USDT consolidates within a 0.261–0.271 range on strong 15-min volume.
• Price shows bearish divergence in RSI and a 61.8% Fibonacci pullback.
• Volatility remains elevated during key 09:30–11:00 ET consolidation.
• A long upper shadow at 0.2705 hints at potential resistance ahead.
• Notional turnover spikes at 06:45 ET suggest a key liquidation point.

Celo/Tether (CELOUSDT) opened at 0.27 on 2025-09-23 12:00 ET and closed at 0.2704 by 12:00 ET the following day. The pair traded within a 0.261–0.271 range, reaching a high of 0.2719 and a low of 0.261. Total volume amounted to 2,397,649.49 and notional turnover stood at ~$647,405.00 during the 24-hour period.

On the 15-minute OHLCV chart, CELO/USDT formed a complex consolidation pattern after an early morning rebound from a 0.261 support level. The price tested key Fibonacci retracement levels, especially the 61.8% level at ~0.2685, during a 09:30–11:00 ET consolidation. This suggests internal pressure at mid- to upper-range levels, with a bearish divergence in the RSI indicating potential overbought conditions. The MACD line flattened and crossed below the signal line, signaling possible bearish momentum.

A critical turning point occurred at 06:45 ET, when a large-volume candle (390,290.5 CELO) closed at 0.2683 with a long upper shadow. This formation suggests rejection at 0.2687 and points to potential resistance ahead. A 20-period EMA at 0.269 and a 50-period EMA at 0.2696 indicate a slight bullish bias, but the 200-period EMA at 0.2675 suggests caution in interpreting this as a long-term bullish signal.

Bollinger Bands widened between 06:00 and 09:00 ET, indicating rising volatility. The price spent significant time near the upper band during this period, particularly at 07:30–08:45 ET. This behavior, combined with a flattening RSI and diverging momentum, could signal a near-term reversal. The 20/50 EMAs now overlap near 0.2695, indicating a potential pivot point for the next 24 hours.