$CELR Alert.

A massive $1K short liquidation just got triggered at $0.01922. The bears couldn't hold on as the price surged past critical levels. Is this the start of a bullish breakout or just a fake out

Here’s what you need to know:

Market Dynamics.

1. Liquidation Level: $0.01937

This level acted as a resistance where shorts got liquidated, signaling strong upward pressure.

2. Volume Spike: Such liquidations often coincide with high buying interest as traders scramble to cover losses.

3. Psychological Impact: A short liquidation at this scale can instill confidence among bulls, potentially attracting more buyers.

What’s Next for $CELR

Here’s a technical analysis for potential moves:

Current Price Zone: $0.01937 - $0.020

Buy Zone: Watch for dips around $0.0185 - $0.019. Strong support lies here.

Targets:

Target 1: $0.0205 (Short-term resistance)

Target 2: $0.022 (Next major resistance zone)

Stop-Loss: Place a stop-loss below $0.018 to manage risk in case of a reversal.

Key Points for Traders.

1. Momentum Watch: If CELR sustains above $0.01937, we could see a bullish continuation.

2. RSI Levels: Check if the RSI is overbought. A correction might follow a strong spike.

3. Broader Market Sentiment: Keep an eye on Bitcoin (BTC) and Ethereum (ETH) as they heavily influence altcoins like CELR.

Stay sharp, traders.

The market never sleeps, and opportunities are everywhere. Will $CELR fly or fall? Only time will tell—trade smart and stay updated.

Disclaimer: This is not financial advice. Always do your own research.

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