#CELO Technical Analysis in 3-Day Timeframe

Jul 21

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Now, let’s dive into this chart analysis:

CELO is in a downtrend and is currently holding the support level at 0.4674. The rebound shows a positive move for CELO, but to confirm the bullish trend, CELO must break out and close above the 50 EMA in the 3-day timeframe.

Key Observations:

- Primary Support: $0.4674.
- Lower Support: $0.3480.
- Primary Resistance: $0.730.
- Initial Target: $2.302.

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