$CELO /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION LIKELY 🚀
Market Next Move (Bullish Bias):
$CELO /USDT is showing strong bullish momentum after a clean bounce from the 0.127–0.129 support zone. Price is holding above previous resistance and forming higher lows, indicating buyers are in control. Sustained trading above 0.135 suggests a potential continuation toward higher resistance levels in the short term.
Immediate Explanation:
The recent push toward 0.137–0.138 with healthy volume reflects accumulation. As long as CELO maintains above the key intraday support, the probability favors an upside expansion. A minor consolidation is possible before the next leg up, but the structure remains bullish.
📈 Trade Setup (LONG)
Entry: 0.134 – 0.136
Target 1 (TP1): 0.142
Target 2 (TP2): 0.148
Target 3 (TP3): 0.155
Stop Loss (SL): 0.127
Risk-reward remains favorable while price holds above support.
🔍 Short Market Outlook
Overall market structure for CELO is positive on lower to mid timeframes. A confirmed breakout above 0.138 could accelerate momentum, while a breakdown below 0.127 would invalidate the bullish setup and shift bias to neutral/bearish.
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