$CELO has increased by 4.622% over the last 24 hours, reaching a high of 0.3349.
Current price action is near the upper Bollinger Band at 0.3347, indicating potential overextension.
A pullback to the lower Bollinger Band at 0.3186 may offer a better entry.
Support is established at 0.3159, while resistance remains at 0.3349.
With volatility contracting, trend continuation is a possibility, but monitoring is crucial.
Consider placing a stop-loss below 0.3159 to manage risk.
Recommendation: Set alerts and wait for a clearer entry signal.
