Crypto / CELR
CE
Celer Network
$0.006
+0.00%
Past 3months
Trading vol6.523M
Market cap46.65M
Fully Diluted Valuation59.78M
Total Supply10B
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CryptoNuclear
CELR/USDT — Major Turning Point! Key Accumulation Zone?
Celer Network (CELR) is currently standing at a critical juncture that could define its next major move. After months trapped below a long-term descending trendline, price is once again testing a crucial area — the accumulation zone between 0.008 and 0.0072. This yellow zone has consistently acted as a strong demand area, showing that buyers have been quietly absorbing sell pressure. At the same time, the long-term downtrend line remains a heavy ceiling that has capped every rally attempt so far. Now, both forces are converging — making this a true decision point for CELR. --- Pattern Description The chart displays a descending triangle pattern characterized by: A sequence of lower highs (declining selling pressure). A horizontal support base around 0.008–0.0072 (firm buying interest). This structure typically signals a compression phase — the market builds energy for its next big move. A breakout could mark the beginning of a major trend reversal, while a breakdown could trigger a continuation of the broader downtrend. --- Bullish Scenario — The Start of a Reversal? If CELR manages to break and close above the descending trendline, especially with a daily close above 0.0094–0.0095, it would signal the first technical shift in momentum after months of decline. A breakout accompanied by rising volume would confirm that buyers are taking control. 📈 Upside targets: Target 1: 0.0095 – initial breakout retest zone. Target 2: 0.0121 – first horizontal resistance. Target 3: 0.0135 – a psychological level often triggering follow-up buying. Extended targets: 0.0159 – 0.019 – medium-term expansion zone if bullish momentum sustains. If CELR can hold above the breakout level on a successful retest, it may mark the beginning of a significant trend reversal phase driven by renewed demand. --- Bearish Scenario — Continuation Risk If CELR fails to break above the trendline and gets rejected around 0.0085–0.0090, selling pressure could return. A daily close below 0.0072 would confirm a bearish breakdown and could lead price toward: 0.0068 – 0.0065 → the previous local low zone. 0.00608 → the next key support if selling continues. This scenario would indicate that buyers are still weak and the long-term downtrend remains dominant. --- Technical Context The long-term descending trendline remains a major resistance area monitored by technical traders. The yellow accumulation zone (0.008–0.0072) has acted as a high-liquidity demand region. Volume confirmation is crucial — a breakout without volume often leads to a false move. Momentum appears to be shifting slowly, but true confirmation will depend on how the next few daily closes unfold. --- Conclusion > CELR stands at a historic inflection point. The clash between long-term selling pressure and strong accumulation support will determine its next trend direction. A breakout above resistance could trigger a long-awaited trend reversal, while a breakdown below support could extend the bearish structure. Patience and confirmation are key — not anticipation. --- #CELRUSDT #CELR #CelerNetwork #CryptoAnalysis #TechnicalAnalysis #DescendingTriangle #BreakoutSetup #TrendReversal #DecisionPoint #CryptoTrading #SupportResistance #SwingTrade
5:40 AM · Oct 10, 2025
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CryptoNuclear
CELRUSDT – Descending Triangle: Breakout or Breakdown?
Summary Overall trend remains bearish since the late 2024/early 2025 peak (downtrend line in yellow). Price is now compressed into a Descending Triangle: – Falling resistance (yellow diagonal). – Flat support / demand zone in 0.0074–0.0086. Key horizontal levels (yellow dashed lines): 0.00947, 0.01213, 0.01373, 0.01591, 0.01915–0.02100, 0.02294, and higher resistance at 0.0305–0.0324. Critical low: 0.00608. Bullish Scenario Catalyst: Daily close above the downtrend line and a confirmed breakout above 0.00947, ideally supported by stronger volume. Targets: 1. From 0.00947 → 0.01213 (TP1). 2. Next → 0.01373 (TP2) and 0.01591 (TP3). 3. If momentum continues: 0.01915–0.02100 → 0.02294 → 0.0305–0.0324 (local highs). Invalidation: Rejection and daily close back below 0.0086 (inside triangle/demand zone). Bearish Scenario Catalyst: Daily close below 0.0079 and more importantly, breakdown of the demand zone at ≤0.0074. Targets: Descending Triangle measured move (0.0095 − 0.0074 ≈ 0.0021) projects to ≈0.0053. Intermediate levels: 0.00608 and ≈0.0051. Failed retest of 0.0074–0.0079 after breakdown would strengthen the bearish case. Invalidation: Price reclaims 0.00947 and breaks above the downtrend line. Pattern Notes & Risk Management Descending Triangles at strong support often trigger sharp moves once a breakout/breakdown occurs. Beware of fakeouts near the apex (late August–early September) – wait for daily close confirmation or a retest. Strategy: entry based on break & retest, with stop-loss outside invalidation zones (e.g. below 0.0072 for longs; above 0.0098 for shorts). This is not financial advice – manage your own risk. #CELR #CELRUSDT #CelerNetwork #CryptoAnalysis #PriceAction #DescendingTriangle #SupportResistance #Breakout #BullishScenario #BearishScenario
2:56 AM · Aug 16, 2025
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thecryptoapex
CELR/USDT Good entry point
CELR/USDT Good entry point I am going long on CELR Celer Network
10:00 PM · Aug 9, 2025
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