$CELO printed a short liquidation of $2.0427K, showing bears were trapped on the wrong side as price pushed higher. This is a bullish signal if follow-through appears. The main support now rests at $0.115–$0.113, which should act as a demand zone on pullbacks. Immediate resistance is at $0.122, and a clean break above it opens the door to $0.130–$0.135 as the target . Next move to monitor is volume high volume above $0.122 confirms continuation, low volume signals consolidation. Pro tip: after short liquidations, trend continuation is common but only if price holds above the liquidation level.

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