$CELO : The $0.29 Crash and the $0.20 Survival! L2 Payments Race is ON.

A thrilling, short post blending the provided chart details with background fundamentals:

$CELO /USDT: DANGER ZONE RETEST

The mobile-first Layer 1 turned Ethereum L2 (CELO) just survived a brutal market sweep! After a monster surge to $0.2929 (the recent high), sellers detonated the price, sending it crashing to a terrifying $0.2028 low on the 4H chart.

Current Reality Check: CELO is clinging to stability at $0.2366 (down -5.81% 24h) in a choppy consolidation. The technical floor held at $0.2028, but the key overhead resistance at the recent high must be overcome to confirm a true reversal.

THE STAKES: This isn't just a chart it's the token for a carbon-negative PoS network now fully migrated to an Ethereum Layer 2 (on OP-Stack) focused on lightning-fast, cheap, mobile payments (using phone numbers as public keys).

THE THRILL: After proving the technical resilience of its support, the market now waits: Will CELO gather momentum from its L2 transition and real-world utility to re-challenge $0.29, or is this relief rally just a pause before a deeper dive?

$0.2929 is the target. #BinanceHODLerALLO #US-EUTradeAgreement #WriteToEarnUpgrade #Celousdt #StrategyBTCPurchase $CELO