$CELO Short Liquidation: $66.1K at $1.038

A $66.1K short position on CELO was liquidated at $1.038, signaling a surge in buying pressure.

This sharp price move suggests that bulls are in control, squeezing out bearish positions.

Market Overview:

The liquidation at $1.038 points to strong upward momentum, with potential for more gains if buying continues.

This could indicate that $1.03 is now a key support level, with more upside possible from here.

Next Steps for $CELO :

• Upside Targets: If the bullish trend persists, CELO could test $1.05-$1.08 in the short term.

• Support Zone: $1.03 will be crucial. If this level holds, further upward movement could be expected.

Resistance: Watch for $1.10 as a potential resistance level.

Trading Strategy:

Momentum traders could look for opportunities to enter long positions on pullbacks to $1.03.

Short-term traders should monitor for any signs of reversal before considering profit-taking.

$CELO ’s bullish momentum is strong—keep an eye on key support levels for further action!

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