CEL/USDT Daily Update

📊 CEL Analysis Update: Bullish or Bearish? 🚀📉
Here’s an update on my CELUSDT analysis (daily timeframe):
📊 Current Status:
The price is at 0.101403 and has formed a double bottom around 0.0880. This pattern could signal a potential bullish reversal, but it still needs confirmation.

🔑 Key Levels:
Support: 0.0880 (strong base)
Resistance: 0.1150 and then 0.1300 (downtrend line)
Bullish Targets: 0.1900
Next low if it drops: 0.0690

📈 Bullish Scenario:
If the price breaks and holds above 0.1150, it could see an upward move to 0.1300 and even 0.1900. A break of the downtrend line (around 0.1300) would be a strong buy confirmation.

📉 Bearish Scenario:
If support at 0.0880 breaks, it could drop to 0.0690. In this case, be cautious as the downtrend might continue.

💡 Suggestion:
For a buy, wait for a breakout and hold above 0.1150 (stop loss below 0.0880).
For a sell, enter if 0.0880 breaks with a stop loss above 0.1150.

What do you think? Bullish or bearish? Share in the comments! 👇

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