Analysis and Monitoring of Currency ($CELO ) – Buying Opportunity Take Advantage of the Drop and Enter at the Current Price
🔹 Current Purchase Price: 0.134
Targets:
First Target: 0.15
Second Target: 0.17
Third Target: 0.20
Stop Loss: 0.12
Let's Talk a Bit About the Currency:
$CELO is a blockchain project focused on facilitating the use of digital currencies via mobile phones, with its primary goal being to enable fast and low-cost payments and support decentralized financial applications. It is characterized by its focus on financial inclusion and the spread of daily use.
Key Technical Indicators:
• RSI indicator is close to neutral zones, indicating a balance between buying and selling.
• MACD indicator shows weakness in the downward momentum and the beginning of a positive reversal attempt.
• Trading volume is relatively stable compared to the previous period.
• Short-term trend direction tends to consolidate with the possibility of gradual upward movement.
Advice:
Entering should be gradual and dividing the amount is better than entering all at once, especially with market volatility.
Warning:
If the level of 0.12 is broken, it is advisable to exit and adhere to capital management and avoid excessive risk
#Celo do
#USNonFarmPayrollReport #WriteToEarnUpgrade #CPIWatch #BinanceBlockchainWeek
