Summary
•
forms a bullish breakout pattern above 0.126, with volume surging near key resistance.
• Momentum accelerated after 08:00 ET, with RSI hitting 60–65, signaling potential overbought territory.
• Volatility expanded sharply during the 7-hour window, with Bollinger Bands widening past 1.5% range.
• On-balance volume confirms price direction during the 15:00–18:00 ET window.
• 0.1297 and 0.1234 act as strong psychological levels for resistance and support respectively.
Celo/Tether (CELOUSDT) opened at 0.1241 on 2026-01-09 12:00 ET, reached a high of 0.135, a low of 0.1225, and closed at 0.1287 as of 2026-01-10 12:00 ET. Total volume was approximately 15,140,000, while notional turnover was around $1,973,000 over the 24-hour period.
Structure and Key Levels
The 24-hour OHLCV data shows a distinct bullish breakout above the 0.126 psychological level, with a high of 0.135 suggesting a strong rally post 15:00 ET. A critical support level appears to be forming at 0.1234, confirmed by several rejection candles. A large bullish engulfing pattern was observed around 08:45 ET, indicating a shift in market sentiment.
Trend and Momentum
Using the 20-period and 50-period moving averages on the 5-minute chart, CELOUSDT closed above both, reinforcing a bullish bias.
The RSI climbed into overbought territory (60–65) during the 8–10-hour window, signaling potential short-term consolidation. MACD crossed into positive territory with a strong histogram, suggesting continued buying pressure.
Volatility and Bollinger Bands
Bollinger Bands expanded during the 08:00–16:00 ET window, with a 1.5% range observed during peak volatility. Price closed near the upper band at 12:00 ET, suggesting a continuation of the bullish move could be in play if momentum holds.
Volume and Turnover
Volume spiked significantly between 07:45–09:00 ET and again at 15:15 ET, coinciding with price highs and a sharp pullback. Turnover mirrored volume surges, with no noticeable divergence from price action, reinforcing the validity of the move.
Fibonacci Retracement Levels
On the 5-minute chart, the 38.2% retracement level is at 0.1307, while the 61.8% level is at 0.1268. The daily chart shows a 38.2% retracement at 0.1320, which could serve as a near-term target. A breakdown below 0.1234 would trigger a test of the 0.1227 level.
In the next 24 hours, CELOUSDT appears poised to either consolidate near 0.1287 or push higher toward 0.1300–0.1310. However, a pullback or rejection at the 0.1310–0.1315 range could lead to a test of 0.1275–0.1280. Investors should remain cautious about overbought conditions and monitor volume for signs of exhaustion.
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