$CELO /USDT BEARISH PRESSURE – CELO SLIDES TOWARD KEY SUPPORT! ⚠️📉

CELO is facing significant bearish pressure, dropping over 12% to $0.395 after failing to sustain the $0.450 resistance level. The price is trading below key EMAs, while RSI and MACD indicate strong selling momentum. If CELO breaks below the $0.390 support, the next target could be $0.350, signaling continuation of the downtrend.

🔹Trade Setup:

Entry (Short): $0.400 – $0.405

Targets (TP): $0.390 / $0.360 / $0.350

Stop Loss (SL): $0.420

📊Market Outlook:

CELO remains in a short-term bearish trend, with sellers dominating the market. A bounce above $0.420 could provide temporary relief, but sustained recovery will require stronger buying interest above $0.450.

#CELO #CELOUSDT #BearishTrend #CryptoAnalysis #Layer1

buy and trade here on $CELO