CELO — the native token of the Celo blockchain focused on mobile‑friendly payments and DeFi — has been trading weakly near ~$0.11–$0.12, pressured by broader market sell‑offs and mixed technical signals showing oversold conditions and bearish momentum. Recent data indicate price has slid roughly 8% in 24 hours and remains below key resistance levels, keeping sentiment cautious.
Celo’s transition to an Ethereum Layer‑2 environment and ecosystem developments are long‑term positives, but near‑term catalysts are sparse and trading volume remains modest.
Analysts note strong technical sell signals with limited short‑term bullish confirmation, while community engagement and use cases in mobile finance underlie its fundamental narrative.
Price action is range‑bound with volatility typical of altcoins with lower liquidity.
CELOUSDT
Perp
0.101
-5.60%