$CELR Market Analysis and Trade Setup
*Market Structure Update:*
- *Breakout*: CELR has successfully broken above a key horizontal resistance zone, driven by robust bullish momentum and supported by a solid ascending trendline.
- *Volume Strength*: The breakout candle is backed by strong volume, indicating conviction among buyers.
*Key Price Levels:*
- *Resistance Turned Support*: $0.00838 is now expected to act as a support level, having previously served as resistance.
- *Trendline Support*: The ascending trendline remains intact and is being respected, providing additional support.
- *Immediate Resistance*: The next resistance level to watch is above $0.00850.
*Trade Setup Idea:*
- *Entry Zone*: Consider entering the trade between $0.00839 and $0.00850, either on a retest of these levels or on continuation of the uptrend.
- *Targets*:
- *TP1*: $0.00882
- *TP2*: $0.00912
- *Stop Loss*: Place a stop loss below $0.00824 to manage risk.
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