CEL is showing signs of a potential trend reversal around the $0.08 zone after a long downtrend.
Key Resistances: Short-term: $0.13 – $0.15 – $0.20
Mid/Long-term: $0.25 – $0.35 – $0.50
A breakout above the descending trendline could ignite momentum toward $0.13–$0.20.
If bulls hold above $0.20, the door opens to higher levels like $0.25 and beyond.
Strong support is holding between $0.07 – $0.08.
Trend Outlook:
Short-term breakout watch – Mid-term reversal confirmation on reclaim of major levels.
Risk management is key around high-volatility zones.
#CEL #CryptoAnalysis #Altcoins #CELUSDT #CryptoBreakout #TechnicalAnalysis #CryptoTrading #SupportResistance #TrendReversal #BullishMomentum #CryptoSetup
Key Resistances: Short-term: $0.13 – $0.15 – $0.20
Mid/Long-term: $0.25 – $0.35 – $0.50
A breakout above the descending trendline could ignite momentum toward $0.13–$0.20.
If bulls hold above $0.20, the door opens to higher levels like $0.25 and beyond.
Strong support is holding between $0.07 – $0.08.
Trend Outlook:
Short-term breakout watch – Mid-term reversal confirmation on reclaim of major levels.
Risk management is key around high-volatility zones.
#CEL #CryptoAnalysis #Altcoins #CELUSDT #CryptoBreakout #TechnicalAnalysis #CryptoTrading #SupportResistance #TrendReversal #BullishMomentum #CryptoSetup
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.