$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 power.

This liquidation suggests strong bullish momentum, as shorts are forced to cover their positions.

Market Insight:

The liquidation at $1.038 indicates a shift towards bullish control, with potential for further upside.

Buyers seem to be stepping in, and this could trigger more aggressive buying as momentum builds.

What’s Next for $CELO ?

• Support Zone: The $1.03-$1.035 region could act as solid support. A hold here might suggest more upward movement.

• Upside Potential: If the rally continues, $1.05-$1.08 may be the next target for bulls.

• Resistance: Watch for $1.10 as a key resistance level.

Strategic Moves:

Momentum traders could consider entering long positions if price consolidates near $1.035.

For those looking to play it safe, wait for confirmation above $1.05 before committing.

$CELO ’s bullish momentum is strong—this could be the start of a bigger move up! Stay alert!

#XRPTrends #XRPReclaimsTop3 #ETHOnTheRise #MicrosoftBTCInvestmentVote #Share1BNBDaily