โก Executive Radar : CELO/USDT (15m)
A Bear Pennant consolidation is nearing its apex at 84.0% maturity on CELO/USDT detected by ChartScout.
๐ Price Structure:
โข Setup: Bear Pennant (Continuation)
โข Impulse Decline: -2.2% (Flagpole)
โข Support Floor: $0.0623 USDT (3 Touches)
โข Resistance Ceiling: $0.0627 USDT (2 Touches)
โข Current Price: $0.06235 USDT (Near Apex)
๐ฏ Technical Scenario:
Following an initial -2.2% drop, CELO has consolidated within converging trendlines. Price is heavily compressed near $0.0623 support. Watch for volume confirmation on a 15m candle close below support to confirm potential trend continuation.
โ ๏ธ DYOR - Not Financial Advice.
#ChartScout #CELO #CELO/USDT