$CELR
- Long Trading Setup 🚀
$CELR shows strong consolidation after a sharp drop, as sellers have been absorbed and the price has started to build a series of higher lows 💪.
_Technical Fundamentals_:
- _Rapid absorption of sellers_: the price did not continue to drop and was quickly reclaimed, indicating seller absorption 📊.
- _Higher lows_: the price is building higher lows, indicating strength in demand 📈.
- _Strong consolidation_: consolidation below resistance indicates buyers' readiness to continue buying 💼.
_Trading Setup_:
- _Entry Point_: 0.00412 – 0.00420 📍
- _Profit Targets_:
- _Target 1_: 0.00435 🚀
- _Target 2_: 0.00455 📈
- _Target 3_: 0.00480 💥
- _Stop Loss_: 0.00395 ⚠️
_Trading Tips_:
- _Discipline_: trading should be done with self-control and adherence to the setup 📝.
- _Risk Management_: a stop loss should be placed to protect capital ⚠️.
- _Hold above support_: support should be maintained to enhance the chances of success 🔮.
The currency shows potential for an upward movement with the possibility of a strong bullish move 🚀. As long as the price maintains a level above support, the upward trend remains likely.