$CELO Best scenario for price Target Cup Formation: Celo formed a "cup" from $1.85 to $0.36, with the current high near $0.88 forming the resistance level. Handle Retest: The price dropped back to $0.52, suggesting a classic handle formation and retest of previous resistance as support.
Breakout: The current price at $0.86 is nearing the resistance level at $0.88, signaling a possible breakout.
Scenario for Breakout: If the breakout above $0.88 occurs with sufficient volume: The target price can be calculated by adding the cup depth to the breakout level.
$CELO Massive update! Celo is about to reach 0.95$ resistence after a long time of accumulation, this means that Celo corrects the downtrend and has the potential for a huge gain to the upside. Don’t hesitate buy it now and don’t regret later🚀