$CELO
USDT BEARISH CONTINUATION SETUP – SUPPLY ZONE REJECTION IN PLAY💯✅
$CELOUSDT is showing clear bearish continuation signals after failing to reclaim key resistance levels. Price action indicates distribution near the upper range, followed by rejection, suggesting sellers remain in control. The broader structure still favors downside pressure unless a strong reclaim occurs.
Key technical observations:
Rejection from a major supply zone confirms selling dominance
Lower highs structure intact on higher timeframes
Weak bullish follow-through indicates lack of buyer strength
Momentum bias remains to the downside
BEARISH SCENARIO – EXPECTED MOVE LOWER
Targets (TP):
TP1: 0.1250
TP2: 0.1150
TP3: 0.1000
Stop Loss (SL):
Above 0.1550 (bearish invalidation zone)
Risk Management:
Risk only 1–2% per trade, avoid overexposure, and consider scaling out profits at each target to manage downside risk effectively.