🚨 $CELO /USDT: Bullish Breakout Confirmed with Strong Volume! 🚀
$CELO /USDT - LONG
Trade Plan:
Entry: 0.0827 – 0.0842
SL: 0.0781
TP1: 0.0843 (Current 24h High)
TP2: 0.0885
TP3: 0.0950+
The Logic:
The 1h chart for $CELO indicates a significant bullish expansion, with the price currently trading at 0.0842 and up +5.12%. Technically, Celo has established a clear trend of higher highs and higher lows, maintaining a strong position above its moving average cluster. The price is riding the MA(7) (0.0827) and remains well above the MA(25) (0.0810) and the long-term MA(99) (0.0773). A massive spike in buyer volume (24h Vol: 11.12M CELO) supports this push toward the 0.0843 resistance level. A clean hourly close above this peak would signal the start of a new discovery phase.
Debate:
Is Celo ready to flip $0.085 into support and target $0.10, or will we see a short-term rejection as traders take profits at the 24h high? Are you betting on the Layer 1/Layer 2 rotation narrative? 👇
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