π Paradisers, #CELR is indeed a coin worth monitoring closely.
π Currently positioned at a critical support area, CELR needs to bounce from this level to sustain its upward momentum.
π A successful bounce could potentially lead to a retest of the resistance around the 0.0298 area, which is crucial for confirming a return to bullish sentiment. Breaking above this resistance is necessary for CELR to continue its upward trajectory.
π However, if CELR fails to break above the resistance and experiences rejection, there's a risk of the price falling back towards the support area. Continued touches on the support may weaken its effectiveness over time, signaling potential bearish pressure.
π Should CELR fail to bounce from the support area and instead break below it, there's a possibility of further downward movement towards the demand area around 0.02. This level holds significant importance, and a bounce from here would be essential for CELR to maintain its bullish outlook.
π The bullish invalidation scenario would occur if CELR fails to bounce from the demand area and confirms a daily candle close below it. This would indicate a shift towards bearish sentiment and could result in further price declines.
Β MyCryptoParadise
iFeel the successπ΄
π Currently positioned at a critical support area, CELR needs to bounce from this level to sustain its upward momentum.
π A successful bounce could potentially lead to a retest of the resistance around the 0.0298 area, which is crucial for confirming a return to bullish sentiment. Breaking above this resistance is necessary for CELR to continue its upward trajectory.
π However, if CELR fails to break above the resistance and experiences rejection, there's a risk of the price falling back towards the support area. Continued touches on the support may weaken its effectiveness over time, signaling potential bearish pressure.
π Should CELR fail to bounce from the support area and instead break below it, there's a possibility of further downward movement towards the demand area around 0.02. This level holds significant importance, and a bounce from here would be essential for CELR to maintain its bullish outlook.
π The bullish invalidation scenario would occur if CELR fails to bounce from the demand area and confirms a daily candle close below it. This would indicate a shift towards bearish sentiment and could result in further price declines.
Β MyCryptoParadise
iFeel the successπ΄
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREEπ t.me/+QwK2mkoTGBU0Nzc0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREEπ t.me/+QwK2mkoTGBU0Nzc0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV