​🚀 CELO / USDT Technical Analysis & Long Setup (Perpetual Futures)

​A potential positive reversal setup is forming on the daily (1D) timeframe for CELO. Price action is attempting to build a solid support base after testing the recent low around 0.07527. Here are the complete trade details:

​📊 Market Overview:

​Current Price: 0.07912 USDT

​Market State: Stabilization phase attempting to establish a higher low and target upper liquidity zones.

​🎯 Trade Setup (Long Position):

​🟢 Entry Zone:

​0.07850 to 0.07920 USDT (DCA / scaling in is recommended for safety)

​🛑 Stop Loss (SL):

​Daily close below 0.07450 USDT (To protect capital against a breakdown below the recent low)

​🎯 Take Profit Targets (TP):

​Target 1 (TP1): 0.08250 USDT

​Target 2 (TP2): 0.08600 USDT

​Target 3 (TP3): 0.09100 USDT

​💡 Risk Management:

​Suggested Leverage: 5x to 10x maximum to ensure sound risk management.

​Please adhere to proper capital allocation, and move your stop-loss to entry (Break-even) once the first target is hit to secure profits.

​#CELO #BinanceSquare #CryptoTrading #LongSetup #Altcoins 🚀

$CELO