A significant long position in Celo $CELO was liquidated at $0.697, totaling $50.3K.
Support and Resistance Levels:
Support:
$0.6059
$0.4784
Resistance:
$0.7759
$0.9737
These levels are based on recent technical analysis.
Recommendation:$CELO
Given the recent liquidation and current market conditions, it's advisable to exercise caution.
. The market exhibits several negative signals, suggesting potential weakness in the near term.
.Therefore, a sell position is recommended.
....Note:
Always conduct your own research and consider your risk tolerance before making trading decisions.
#MicroStrategyInNasdaq100 #USUALAnalysis #USUALAnalysis #CorePCESignalsShift
