AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•
Celo/Tether (CELOUSDT) opened at 0.1299 on January 16 at 12:00 ET and closed at 0.1454 the following day. The 24-hour high reached 0.1473, with a low of 0.1291. Total volume was 13,146,212.9 and turnover amounted to 1,875,371.38 USDT.
Structure & Key Levels
The price developed a clear bullish bias from the early morning hours, forming a strong base near 0.1340 and pushing through key resistance at 0.1350 and 0.1370. A bullish engulfing pattern emerged around 0.1350 during the 5:30–5:45 AM ET timeframe, followed by a strong upward push above 0.1370. A key support level is now at 0.1340-0.1330, which has held on pullbacks and may continue to provide a floor.
Trend and Moving Averages

MACD and RSI
The MACD histogram remained consistently positive after 4:00 AM ET, signaling strong upward momentum. The RSI, while elevated, did not enter overbought territory until around 1:00 PM ET, and pulled back to neutral levels during the evening. This suggests the rally is still within a sustainable range, though any push above 70 could indicate temporary exhaustion.
Volatility and Bollinger Bands
Bollinger Bands expanded significantly after 6:00 AM ET, coinciding with the breakout above 0.1350. Price remained near the upper band for much of the session, suggesting strong directional bias. A contraction in band width during the overnight hours preceded the early morning rally, often a precursor to a breakout.
Volume and Turnover
Volume surged during the key 5:30–6:45 AM ET window as the price broke through 0.1370 and 0.1400. Turnover followed a similar pattern, confirming the strength of the rally. During the pullbacks, especially after 5:00 PM ET, volume remained lower, indicating limited bearish participation.
Fibonacci Retracements
Fibonacci levels drawn from the 0.1291 low to the 0.1473 high show key retracement levels at 0.1389 (38.2%) and 0.1442 (61.8%). Price held above the 61.8% level for much of the session and may see further tests at 0.1473–0.1480 in the near term.
Looking ahead, a retest of 0.1440–0.1450 is likely, with a potential for a follow-through move above 0.1470. Traders should remain cautious, however, as any pullback to 0.1420–0.1430 could trigger profit-taking or consolidation.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet