Buying opportunity from the bottom for currency $CELO 🚀
Current price: 0.1051$ 📉
Targets:
🎯 0.1120$
🎯 0.1215$
🎯 0.1480$
Stop loss: 0.0980$ ❌
Let's talk a bit about the currency
Currency $CELO is currently going through a clear corrective phase and has reached historical support areas close to the bottom. Technical indicators like RSI show a high selling momentum, which means we are close to the expected bounce area.
Brief indicators
• RSI (6): 27.2 (clear oversold area)
• MACD: Negative trend but the downward momentum has started to weaken
• Averages: The price is below the MA(7) and MA(25), and we are waiting for a positive crossover to start rising
⚠️Alert:
Always remember that the crypto market has high risks. Make sure your entry is well thought out and stick to the stop loss to protect your capital. Good luck to everyone! ⚖️