$CELO is showing bearish momentum.
CELO failing to hold key support near 0.2480. Sellers are in control on lower timeframes, signaling a potential drop toward the next support zones. Watch for strong confirmation before entering.
Trade Setup:
Entry: 0.2450 – 0.2460
Take Profit 1: 0.2420
Take Profit 2: 0.2400
Take Profit 3: 0.2375
Stop Loss: 0.2485
Margin: 2–3% of wallet
Leverage: 10x
Market Outlook:
Short-term trend favors bears with potential further downside if CELO breaks 0.2420 support. Watch for consolidation or reversal signals before adjusting positions.
