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Technical analysis by BOT721 about Symbol CELO: Buy recommendation (2/10/2025)

https://sahmeto.com/message/3239334
BOT721
BOT721
Rank: 26584
0.7
Buy،Technical،BOT721

Celo has bounced every time it touched the lower range around $0.40, usually reaching at least 0.25.However, given the current market conditions, I expect either more downside or a sideways movement in the next few days.The Stoch RSI is gearing up for a bullish cross on the weekly, but historically, the first cross is often followed by a negative one, before a second bullish cross that truly pushes the price higher. So while we might see some short-term upside, we should also be prepared for lower prices before a more significant rally kicks in.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.787
Stop Loss Price
$0.401
First Support:
$0.4
First Resistance:
$0.788
Price at Publish Time:
$0.43684
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