CELO (CELO/USDT) Quantitative Analysis

1. Basic Data:

• Current Price: 0.6517 USD.

• Resistance: 0.6668 USD.

• Support: 0.6340 USD.

• 24h Volatility: -0.45%.

• 24h Trading Volume: 46.17 million USD.

• ATH: 9.82 USD (-93.41%).

• ATL: 0.3621 USD (+78.86%).

2. 7-Day Trend:

• Highest Price: 0.71 USD.

• Lowest Price: 0.63 USD.

• Trend: Accumulation in the range of 0.63 - 0.66 USD.

3. Technical Indicators:

• RSI: 47 (neutral, close to oversold area).

• MACD: Negative histogram, signs of weakening selling pressure.

• ATR (D1): 0.02 USD, low volatility.

• Fibonacci:

• Resistance: 0.66 USD (0.618).

• Support: 0.63 USD (0.382).

4. Trading Strategy:

a) Breakout Trading:

• Buy: When the price exceeds 0.6668 USD with high volume.

• Take Profit: 0.70 USD.

• Stop Loss: 0.63 USD.

b) Accumulation Trading (Mean Reversion):

• Buy: Near 0.6340 USD with bullish signals.

• Sell: Near 0.6668 USD if not breaking out.

Summary:

$CELO is accumulating in a narrow range, with the potential to break through resistance or retest support. Monitor volume to confirm signals.