🔥 $CELO Still bullish in the short term, but it's consolidating a bit after that quick pump.
*Volume check:
- Contract inflows looking juicy: 298k / 589k / 751k USDT across 4H/6H/12H – whales are definitely accumulating.
- Spot side also green: 192k / 181k / 311k USDT inflows.
- 24h volume at 77.6M USDT, market's clearly awake.
*Price action breakdown $CELO
- Broke Resistance (~0.129) but getting rejected hard around 0.127 (24h high).
- Support at 0.116 has been rock solid multiple times – good base.
- Candles are printing higher lows, had that nice pin bar rejection at 0.119 then strong close. The move from 0.113 to 0.126 barely pulled back, so momentum still feels healthy.
*My plan $CELO
Cautiously bullish – not chasing it blindly.
- Best entry: Wait for a dip back to 0.116–0.118 and see if it holds.
- More aggressive: Break and close above 0.129 with real volume.
- Stop: 0.112 if you enter at 0.116
- Targets:
TP1: 0.134 (next resistance)
TP2: 0.142
RSI6 and KDJ are overbought, so don't FOMO in. If it cracks below 0.116, watch out for a slide down to 0.108.
I'm sitting on a small bag and waiting for the next clean move. #CELO #Celousdt