Summary
• CELOUSDT declined 8.7% in 24 hours, hitting key support at 0.132–0.133.
• Volume spiked 3x above average in the last 4 hours, confirming bearish momentum.
• RSI (14) reached 25, suggesting oversold conditions, but price failed to rebound.
• Bollinger Band contraction signaled low volatility before a sharp break below the lower band.
• A bearish engulfing pattern formed near 0.142–0.143, confirming the recent downturn.
Celo/Tether (CELOUSDT) opened at 0.1444 on 2025-12-14 at 12:00 ET, reached a high of 0.1456, and closed at 0.1399 by 12:00 ET on 2025-12-15. The 24-hour low was 0.1320. Total volume traded was 11,217,686, with a turnover of $1,566,608.
Structure & Formations
Price formed a bearish engulfing pattern near 0.142–0.143, confirming the breakdown. A key support zone appears to be forming between 0.132 and 0.133, where the price found a temporary floor in the final hours.
Moving Averages
On the 5-minute chart, the 20SMA and 50SMA remained in a bearish crossover for most of the session, reinforcing the downward trend. On the daily timeframe, the 50DMA and 200DMA show no significant convergence, suggesting short-term bearish momentum.
Momentum Indicators
The RSI (14) bottomed at 25, indicating oversold territory, but failed to produce a bullish reversal. The MACD crossed below the signal line and remained negative, confirming bearish momentum.
Bollinger Bands
Volatility remained compressed until late in the session, with price breaking below the lower Bollinger Band on strong volume. The contraction-to-expansion pattern suggests a potential continuation of the downtrend.
Volume & Turnover
Volume surged in the final four hours, particularly after the breakdown to 0.1320, confirming the bearish move. Notional turnover also rose sharply, aligning with the price action and supporting the strength of the move.
Fibonacci Retracements
On the 5-minute chart, the 61.8% Fibonacci level was hit at around 0.1405, where price briefly stalled. On the daily swing, the 38.2% retracement at 0.1375 may offer near-term resistance should a bounce occur.
Looking ahead, CELOUSDT appears to be consolidating within a key support range, which could either stabilize the price or trigger a further decline. Investors should remain cautious, as volatility may rise again if a breakout occurs from the 0.132–0.133 level.
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