MyCryptoParadise

CELR/USDT Perfect Bounce, Ready to breakout or rejected ??

BINANCE:CELRUSDT   Celer Network / TetherUS
πŸ’Ž CELR has undeniably captured significant attention in the market. Currently confronting a formidable supply area, CELR needs to overcome this resistance to sustain its upward trajectory. Notably, there has been a perfect bounce from the demand area, hinting at the potential for a breakout from the resistance in the near future. Success in breaking through the supply zone, probability could lead to a substantial upward movement, reaching our target area.

πŸ’Ž On the flip side, if CELR fails to breach the resistance in the coming sessions, there is a possibility of a retracement, with CELR revisiting the demand area.

πŸ’Ž The bad scenario is confirmed if, during the retesting phase at the demand area, CELR fails to maintain its position and undergoes a breakdown. In such a case, CELR may revert to a bearish movement, potentially retracing to the strong demand area.
Trade closed: target reached:
Nailed it again - #CELR is up 76.37%, right on cue!


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