💎CELR has recently shown noteworthy market dynamics, currently encountering resistance at the bearish OB and supply area.
💎 A successful breakout above this supply zone could signify a bullish momentum, probability CELR driving significant upward movement and reaching our target levels.
💎 However, if CELR fails to breach the supply zone, it may face rejection, prompting a retreat in price. In such a scenario, a revisit to the demand zone around 0.0244 could provide an opportunity to gather new momentum.
💎 For the bullish momentum to sustain, it's crucial for the price to bounce decisively from the demand area.
💎 Failure to do so, or worse, a breakdown below the demand zone, would raise concerns and suggest a continuation of the downward movement. In such a case, the price could retreat further towards the strong support area.
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