💎CELR has recently shown noteworthy market dynamics, currently encountering resistance at the bearish OB and supply area.
💎 A successful breakout above this supply zone could signify a bullish momentum, probability CELR driving significant upward movement and reaching our target levels.
💎 However, if CELR fails to breach the supply zone, it may face rejection, prompting a retreat in price. In such a scenario, a revisit to the demand zone around 0.0244 could provide an opportunity to gather new momentum.
💎 For the bullish momentum to sustain, it's crucial for the price to bounce decisively from the demand area.
💎 Failure to do so, or worse, a breakdown below the demand zone, would raise concerns and suggest a continuation of the downward movement. In such a case, the price could retreat further towards the strong support area.
💎 A successful breakout above this supply zone could signify a bullish momentum, probability CELR driving significant upward movement and reaching our target levels.
💎 However, if CELR fails to breach the supply zone, it may face rejection, prompting a retreat in price. In such a scenario, a revisit to the demand zone around 0.0244 could provide an opportunity to gather new momentum.
💎 For the bullish momentum to sustain, it's crucial for the price to bounce decisively from the demand area.
💎 Failure to do so, or worse, a breakdown below the demand zone, would raise concerns and suggest a continuation of the downward movement. In such a case, the price could retreat further towards the strong support area.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.