💡 There is an interesting trading idea on $CELO
What would you do here: take the setup, wait, or skip?
The coin showed a strong LONG movement, after which a correction started on the 15m timeframe.
Now there are signs that the correction may be approaching its end near a local support area.
📌 Possible entry zone: 0.06649 - 0.066833916
Risk to stop from this zone: 2%–5%
⚠️ Stop loss: 0.065523447
💰 TP1: 0.067649864
💰 TP2: 0.0791811
The idea is based on a strong impulse move, followed by a pullback and signs of slowdown.
Possible approaches:
• enter from current levels
• or average slightly lower if the correction continues
If momentum returns, price may continue moving higher.
🕯 The chart highlights:
• impulse movement
• correction structure
• entry zone
• stop loss
• take profit targets
What would you do here: take the setup, wait, or skip?
The coin showed a strong LONG movement, after which a correction started on the 15m timeframe.
Now there are signs that the correction may be approaching its end near a local support area.
📌 Possible entry zone: 0.06649 - 0.066833916
Risk to stop from this zone: 2%–5%
⚠️ Stop loss: 0.065523447
💰 TP1: 0.067649864
💰 TP2: 0.0791811
The idea is based on a strong impulse move, followed by a pullback and signs of slowdown.
Possible approaches:
• enter from current levels
• or average slightly lower if the correction continues
If momentum returns, price may continue moving higher.
🕯 The chart highlights:
• impulse movement
• correction structure
• entry zone
• stop loss
• take profit targets