๐Ÿ’Ž $CELO Technical Analysis | Trade Setup

๐Ÿ“ Current Price: $0.097

๐Ÿ“‰ Market Structure CELO remains in a bearish market structure, trading below key resistance zones. Sellers are still in control, with price hovering near a critical demand area.

๐Ÿ”‘ Key Levels

Support: 0.095 โ€“ 0.092

Major Support: 0.088

Resistance: 0.102 โ€“ 0.105

Major Resistance: 0.112

๐ŸŽฏ Trade Scenarios

๐Ÿ”ด Short Setup (Trend Continuation)

Entry: Breakdown below 0.095

Targets: 0.092 โ†’ 0.088

Stop-Loss: 0.102

๐ŸŸข Long Setup (Reversal Only)

Entry: Strong close above 0.105

Targets: 0.112 โ†’ 0.120

Stop-Loss: 0.098

๐Ÿ“Œ Trade Insight Trend bias stays bearish. Shorts are favored on weakness, while longs require a clear structure break with volume confirmation. Risk management is key.

#CELO #CryptoAnalysis #BinanceSquare #altcoins #TradingSetups ๐Ÿ“Š