$CELO Analysis:
On the daily timeframe, CELO is forming a classic W reversal pattern, also referred to as a double bottom. Currently, $CELO is trading near the neckline of this bullish formation. A breakout above this neckline will confirm the pattern and signal a potential upward move.
Consider entering a long position on $CELO once it successfully flips this zone into support, as this would indicate strong bullish momentum and a continuation of the trend higher.