CELR/USDT Could CELR sustain and bounce from the support level??
Updated
💎 CELR's recent failure to breach a crucial resistance level has resulted in a downturn, bringing it back to a key support area that previously acted as resistance. This is a decisive moment for CELR, as a strong bounce or bullish candle formation at this support, probability could signal a renewed attempt to challenge the resistance.
💎 However, if CELR is unable to hold its ground at this support level and breaks below it, it would be a concerning indicator of weakness. Such a breakdown would likely lead to further declines, with the Bullish OB area becoming the next critical point of focus.
💎 The Bullish OB area is pivotal for determining CELR's market trend. If CELR fails to maintain strength in this zone and breaks below, it would confirm a shift to a bearish trend. This breakdown could precipitate a further slide in CELR's price, potentially reaching the strong support area.
💎 In summary, CELR's market trajectory is currently hinging on its response at the present support level. A rebound from this level could reignite bullish momentum, while a breakdown would likely exacerbate bearish sentiments, leading to lower price levels in the near term.
💎 However, if CELR is unable to hold its ground at this support level and breaks below it, it would be a concerning indicator of weakness. Such a breakdown would likely lead to further declines, with the Bullish OB area becoming the next critical point of focus.
💎 The Bullish OB area is pivotal for determining CELR's market trend. If CELR fails to maintain strength in this zone and breaks below, it would confirm a shift to a bearish trend. This breakdown could precipitate a further slide in CELR's price, potentially reaching the strong support area.
💎 In summary, CELR's market trajectory is currently hinging on its response at the present support level. A rebound from this level could reignite bullish momentum, while a breakdown would likely exacerbate bearish sentiments, leading to lower price levels in the near term.
Trade closed: target reached
Bingo! #CELR is dancing to our tune, up 96.91% just like we predicted.
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