$CELO - Strong bullish structure.
Trade idea:Entry: 0.08780–0.08880
TP1: 0.09150 | TP2: 0.09400 | TP3: 0.09750
SL: Below 0.08650
After a prolonged consolidation and a deeper pullback around the 16-17 period, price launched a clean impulsive leg higher. The recent move broke above previous resistance with expanding volume and left the moving averages in a clear bullish stack (fast MA above the slower ones, all sloping up).The last candle printed a sharp spike to ~0.0927 followed by a mild rejection, which is normal after such an extension. The green path drawn on the chart correctly anticipates a possible shallow pullback toward the broken level / demand zone around 0.0877–0.0885 before continuation.As long as price holds above the rising short-term averages and the 0.08766 horizontal, the bias remains firmly bullish. A deeper break below that level would weaken the structure.
1H structure shows a decisive impulsive breakout with strong volume after a multi-day base. Price is currently digesting the extension while still holding well above the rising moving averages. A controlled retracement into the previous breakout zone offers a higher-probability long entry with the overall trend still intact and relative volume supportive on the upside.
#CELO #Celousdt
Trade idea:Entry: 0.08780–0.08880
TP1: 0.09150 | TP2: 0.09400 | TP3: 0.09750
SL: Below 0.08650
After a prolonged consolidation and a deeper pullback around the 16-17 period, price launched a clean impulsive leg higher. The recent move broke above previous resistance with expanding volume and left the moving averages in a clear bullish stack (fast MA above the slower ones, all sloping up).The last candle printed a sharp spike to ~0.0927 followed by a mild rejection, which is normal after such an extension. The green path drawn on the chart correctly anticipates a possible shallow pullback toward the broken level / demand zone around 0.0877–0.0885 before continuation.As long as price holds above the rising short-term averages and the 0.08766 horizontal, the bias remains firmly bullish. A deeper break below that level would weaken the structure.
1H structure shows a decisive impulsive breakout with strong volume after a multi-day base. Price is currently digesting the extension while still holding well above the rising moving averages. A controlled retracement into the previous breakout zone offers a higher-probability long entry with the overall trend still intact and relative volume supportive on the upside.
#CELO #Celousdt
