A noteworthy bullish opportunity has emerged on the 4-hour level of CELO. From a technical perspective, the price has shown a clear reaction to bullish order blocks, and the higher timeframe structure remains bullish. The current retracement displays characteristics of a correction rather than a trend reversal signal.
The key observation is that liquidity has accumulated above the previous high, which typically attracts the price to move upward. The overall risk-reward ratio is quite favorable, especially if the price can effectively break through external liquidity zones.
The specific trading parameters are as follows— Entry: $0.1269 Stop-loss: $0.1204 Take profit in stages: $0.1377, $0.1400, $0.1438
Strategically, it would be more prudent to wait for further confirmation signals before taking action.
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MergeConflict
· 8h ago
CELO this wave is indeed interesting, the liquidity is tightly locked, but we still need to wait for clearer signals before jumping in. It's better to be cautious than to get liquidated.
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BuyHighSellLow
· 8h ago
Celo this wave indeed looks comfortable, liquidity is piling up... Wait, isn't this a typical pump-and-dump scheme?
Buy at 0.1269? I think there's an 80% chance of getting caught again. Forget it, let's just wait and see.
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GasFeeBarbecue
· 8h ago
Celo this wave is still a bit interesting, liquidity is stacking up there, let's see if it can break through. The pullback is just a shakeout, no need to panic.
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SwapWhisperer
· 8h ago
CELO this wave is indeed interesting. I've been watching the liquidity accumulation for a long time, just waiting for a breakout.
Wait, isn't this stop-loss too tight? Feels like it could be washed out easily.
If entering at 0.1269, it's safer to wait for the four-hour candle to close.
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BlockchainArchaeologist
· 9h ago
Wait, will liquidity accumulation above always attract upward movement? That logic feels a bit forced.
Is this CELO correction really just a correction, or does it look like it's trying to test the bottom?
Entering at 0.1269 feels a bit nerve-wracking. Is the risk-reward ratio really that good?
The technicals look great, but I'm worried the confirmation signals might come too late.
With the overall market like this, can CELO really move up independently? I'm a bit skeptical.
A noteworthy bullish opportunity has emerged on the 4-hour level of CELO. From a technical perspective, the price has shown a clear reaction to bullish order blocks, and the higher timeframe structure remains bullish. The current retracement displays characteristics of a correction rather than a trend reversal signal.
The key observation is that liquidity has accumulated above the previous high, which typically attracts the price to move upward. The overall risk-reward ratio is quite favorable, especially if the price can effectively break through external liquidity zones.
The specific trading parameters are as follows—
Entry: $0.1269
Stop-loss: $0.1204
Take profit in stages: $0.1377, $0.1400, $0.1438
Strategically, it would be more prudent to wait for further confirmation signals before taking action.