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kanwar 46
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đCELO/USDT Pair Analysis and prediction đ„ đ Market Overview: CELO is trading at $0.8715, with an impressive +12.54% gain in the last 24 hours. The current price is testing the resistance at $0.8788, a critical zone for the continuation of the uptrend. đ Key Technical Indicators: 1. Bollinger Bands (20, 2): âą CELO is near the upper Bollinger Band ($0.8756), signaling that itâs experiencing high volatility. A breakout above this level could push the price higher. 2. RSI (6, 12, 24): âą The RSI (6) is at 82.91, indicating overbought conditions. This could suggest that a minor pullback is possible, though bullish momentum is still strong. 3. MACD: âą The MACD (0.0097) is positive, reflecting continued buying pressure and potential for further upside in the short term. 4. MA (5, 10): âą The moving averages (MA5: 3.6M and MA10: 2.6M) show strong upward trends, confirming the positive momentum. đ Prediction: If CELO manages to break above the $0.8788 resistance, it may target $0.9033 as the next price level. However, the overbought RSI suggests a possible short-term pullback to around $0.8066 before further bullish continuation. #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC
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