Current Trend: A strong bullish breakout is visible on the chart with heavy buying volume.
Technical: The trend remains positive as the price is trading above both the MA50 and MA200.
Catalyst: High trader interest driven by news of Celer's new update and increased liquidity.
Resistance (Target): A major rally could follow if the $0.0030 – $0.0035 level is broken.
Support: $0.0025 (It is crucial for the price to hold this level on any retracement).
Risk: A minor profit-taking dip may occur as the RSI is in the overbought zone.
Strategy: Looking for "Buy the Dip" opportunities might be a smart move.
Risk Management: Strictly use a stop-loss (SL) on every trade. (DYOR - Not Financial Advice)#CELRTrade
Technical: The trend remains positive as the price is trading above both the MA50 and MA200.
Catalyst: High trader interest driven by news of Celer's new update and increased liquidity.
Resistance (Target): A major rally could follow if the $0.0030 – $0.0035 level is broken.
Support: $0.0025 (It is crucial for the price to hold this level on any retracement).
Risk: A minor profit-taking dip may occur as the RSI is in the overbought zone.
Strategy: Looking for "Buy the Dip" opportunities might be a smart move.
Risk Management: Strictly use a stop-loss (SL) on every trade. (DYOR - Not Financial Advice)#CELRTrade