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Technical analysis by Zorroreny about Symbol CELO: Buy recommendation (5/6/2025)

https://sahmeto.com/message/3486603
Zorroreny
Zorroreny
Rank: 229
3.3
Buy،Technical،Zorroreny

CELO BTC pushed price to new low but looking at structure we can see bullish divergence, we are above diagonal resistance line and have pattern similar to OM before it pushed to new ATH. As long as we bounce from here and flip last S/R range (blue box) into support we are good for strong push to test ATH range and if holding there blast to new ATH (move similar to OM).

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$0.5
Stop Loss Price
$0.2
Price at Publish Time:
$0.32252
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