$CELO technical analysis

$CELO is currently trading at 0.533 with a huge surge it's volume currently standing at 2.97 M you can go for short trades by consulting 3m , 10m charts as it is giving +ve signals, if it breaks the resistance level then its expected gain will be around 0.75$ it's moving averages are indicating a surge which can break the resistance level

support level: $0.4127

potential resistance : $0.578

some news are indicating it's merge with the Eth network and if it happens then it will probably reach 40$ mark by the end of 2025 which makes it a good investment for the long term

CELO's first blockchain has launched its Dango Layer 2 testnet in a first major step towards it’s plan to join the Ethereum ecosystem

#Ethereum_ETFs_Expected_Date #CPI_BTC_Watch