CELOUSDT initially broke out bullish from a falling wedge but faced strong rejection at the critical $1.67 resistance level, triggering a significant sell-off that retraced the entire breakout move.
Price has now retested the initial bottom, positioning the market for a potential double-bottom formation, contingent on the $0.3352 support holding firm. If confirmed, the projected upside target extends towards the $4 region, aligning with key structural levels.
However, a breakdown below this crucial support would invalidate the bullish scenario, exposing the asset to deeper losses and amplifying downside risks.
Market reaction at this zone will dictate the next major move.
Price has now retested the initial bottom, positioning the market for a potential double-bottom formation, contingent on the $0.3352 support holding firm. If confirmed, the projected upside target extends towards the $4 region, aligning with key structural levels.
However, a breakdown below this crucial support would invalidate the bullish scenario, exposing the asset to deeper losses and amplifying downside risks.
Market reaction at this zone will dictate the next major move.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.