🚨 CELO/USDT Analysis (1D Chart) 🚨

▪️ Trend: $CELO remains in an uptrend, currently trading above the 200 EMA.

▪️ Correction & Consolidation: The price is correcting and consolidating over a support zone after breaking out of a trendline.

Trading Plan:

▪️ Entry: Await a bounce from the current level, then enter on a breakout above $0.9355.

▪️ Target (TP): Aim for the previous swing high at $1.7621.

▪️ Stop Loss (SL): Set a safety net at $0.5984.

Join TG:   t.me/OfficialCryptoPatel/13504

#CELO #CryptoTrading #altseason #bitcoin

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May 06, 2024 at 12:37 PM
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