$CELO /USDT Technical Analysis & Trade Signal
Current Price: $0.7024 (+6.62% in 24h)
Trend: Bullish (Short-term uptrend based on recent price movement)
SAR Indicator: 0.6888, indicating a potential bullish reversal above this level.
Key Support and Resistance Levels
Support: $0.6421 (24h low)
Resistance: $0.7025 (24h high)
Target Levels 🎯
1. Target 1: $0.7100 – Breaking above the current resistance could push towards the next key resistance level.
2. Target 2: $0.7250 – A higher target if momentum continues upwards.
3. Target 3: $0.7400 – Extended bullish scenario, driven by strong market momentum.
Trade Momentum
Momentum: Positive momentum with an increase of 6.62% in the last 24 hours. Short-term bullish trend confirmed by a close above the SAR value of 0.6888.
Trade Signal: Buy near the support at $0.6900 with targets at $0.7100, $0.7250, and $0.7400.
Stop Loss: Set a stop loss around $0.6750 to protect against downside risk.
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