$CELO Trade Analysis: Bullish Momentum Confirmed
The charts are heating up! $CELO is currently displaying strong bullish confirmation, breaking out of consolidation with increasing volume. The price action suggests buyers are stepping in aggressively around the 0.1300 psychological support level.
We are looking at a potential swing setup here. The current structure indicates a continuation to higher highs if the accumulation zone holds.
📊 Technical Trade Setup:
🔹 Entry Zone: 0.1295 – 0.1320
This is the optimal accumulation area. Look for retests of this zone to fill your bags.
🎯 Profit Targets:
TP 1: 0.1350 (Scalp/Quick Profit)
TP 2: 0.1400 (Key Resistance Test)
TP 3: 0.1480 (Bullish Extension)
🛡️ Stop Loss:
SL: Below 0.10
Note: Wide invalidation point to withstand volatility.
💡 Strategy Tip: Consider taking partial profits at TP1 and moving your stop loss to breakeven to secure a risk-free trade for the remaining targets.
Are you long on CELO yet? Let me know your targets in the comments! 👇
#CELO #BTC100kNext? #MarketRebound
