Celer Network (CELR) surged by 6.50% on February 25, 2026, as a market analyst detected a rounding bottom formation, which is a sign of a short-term structural change. This is as the altcoin continues to find stability at a critical resistance level, having faced significant downward pressure in recent weeks.
At the time of writing, CELR is trading at $0.002510, recording a 6.50% gain over the last 24 hours. The token has posted a daily trading volume of $2.93 million and currently holds a market capitalization of $19.49 million, reflecting renewed short-term interest following weeks of downside pressure.
Source: CoinMarketCap
Celer Network (CELR) Forms Rounding Bottom
On February 25, 2026, a crypto analyst, Alpha Crypto Signal, stated that CELR is currently building a rounding bottom formation on lower time frames after a significant selloff. The rounding bottom formation is a sign of a gradual shift in momentum as the price action changes from making lower lows to higher lows.
Source: X
The price action of CELR is currently consolidating at the neckline resistance around the $0.00245-$0.00250 range.
A decisive breakout above this neckline could propel CELR to the price of $0.00265 and even higher liquidity areas. If the resistance level holds, the price could stay range-bound and fall back to the $0.00230 area, where the buying pressure was initially seen.
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Celer Network Faces Continued Selling
Despite the recent price increase, the overall technical indicators are still weak. The RSI is still sitting at 29.65, significantly lower than its signal line, which is sitting at 32.30. This indicates near oversold levels, suggesting selling pressure still exists but is slowing down.
CELR is trading below major moving averages, which is a sign of a bearish trend. This stock is currently trading below the 20-day simple moving average ($0.00407), 50-day simple moving average ($0.00665), and 100-day simple moving average ($0.01180).
Source: TradingView
The MACD remains negative around -0.00134 with both lines. The histogram is flattening around zero, indicating selling pressure is not increasing, but a bullish crossover has not been seen.
For now, the near-term outlook will depend on whether the price can be driven above the $0.00250 resistance level. A breakout above this level will likely lead to a shift in near-term structure to the upside, while a failure to hold above this level will likely continue the consolidation within the current range.
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