Market Overview for Celo/Tether (CELOUSDT): Bullish Momentum and Structural Clarity

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Saturday, Jan 17, 2026 4:03 pm ET1min read
Aime RobotAime Summary

- CELOUSDT surged 11.1% on Jan 16, breaking key resistance at 0.1350-0.1370 with rising volume confirming bullish momentum.

- Price held above 20/50-period MAs and 61.8% Fibonacci level, with RSI remaining balanced despite reaching overbought levels temporarily.

- Expanding Bollinger Bands and strong volume during 5:30-6:45 AM ET signaled growing volatility and conviction in upward trend.

- Key support at 0.1340-0.1330 held during pullbacks, while 0.1440-0.1450 retest likely before potential push toward 0.1470-0.1480.

Summary

forms bullish structure with key resistance around 0.1350-0.1370 and support at 0.1340-0.1330.
• Rising volume confirms strength as price breaks above key 20-period moving average.
• RSI remains within balanced territory, suggesting no immediate overbought conditions.
• Bollinger Bands expand during key upward moves, signaling growing volatility.
• Downturns see lower turnover, indicating weaker bearish conviction.

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


On the 5-minute chart, CELOUSDT traded well above the 20 and 50-period moving averages for most of the session, confirming short-term bullish momentum. The daily chart suggests a longer-term trend that remains intact, with the price comfortably above the 50-period line. A close above 0.1450 could trigger further movement toward 0.1470–0.1480.

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.