🚀 $CELO is showing a potential technical setup!

The 1M chart is forming a long-term base following a prolonged macro downtrend, suggesting a potential multi-month reversal setup.

📈 The Technical Setup:
• The Pattern: Macro Double Bottom / Accumulation Base
• Short-term Target: 0.5000 USDT
• Macro Objective: 1.0500 USDT
• Market Structure: Potential reversal from accumulation

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0500 - 0.0750 USDT
• Resistance: 0.5000 USDT
• Breakout Level: 0.1000 USDT
• Stop Loss / Invalidation: 0.0500 USDT

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Price stabilization near lows
• Trend: Macro base building

⚠️ Invalidation:
A monthly candle close below the 0.0500 USDT support level.

Patience is advised as this macro timeframe setup requires confirmation above key local resistance levels.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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