CELO/USDT displays bullish potential due to its reaction to the 1D Fair Value Gap zone, indicating a possible change in market structure.
Reaction to 1D Fair Value Gap
CELO/USDT has formed a bullish setup after a confirmed reaction from the one-day Fair Value Gap (FVG) zone. The market structure shows a potential shift as price begins reclaiming key levels after sweeping sell-side liquidity.
Liquidity Targets for CELO
A breakout above $0.3080 could lead CELO to test levels of $0.3393, $0.3724, and finally $0.4040. These areas typically contain stop orders, providing the necessary momentum for price expansion.
Market Structure Change and Bullish Movement
The structural outlook has changed with CELO forming higher lows and reclaiming minor resistance zones. The confirmation of a micro-breakout above $0.3080 may serve as the trigger for a sustained rally. Technical indicators support a strong risk/reward opportunity.
CELO continues to strengthen, underscored by growing institutional interest and potential bullish momentum in the near future.
