$CELR | USDT | 4H Analysis



A falling channel has controlled the trend for weeks.

Price is now reacting from the channel's lower boundary, where buying interest is beginning to appear.

The recent bounce is encouraging, but bulls still need to reclaim the channel resistance to confirm a shift in momentum.

Until then, this remains a recovery attempt rather than a confirmed trend reversal.

Watch for increasing volume and a decisive breakout.

Patience beats chasing.

#CELR #Crypto #TradingView
CELR0.05%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 2
  • Share
Comment
Add a comment
Add a comment
SettledCapital
· 3h ago
This lower band rebound looks promising, but we still need to see whether the volume can keep up.
View OriginalReply0
BridgeNightwatch
· 16h ago
Bro, it’s more solid to break above the upper band and then pull back to confirm before entering—otherwise you’ll end up getting played and taking a sucker punch.
View OriginalReply0
PartTimeScalper
· 07-21 08:25
Patience is indeed important; this is just a rebound, and the reversal hasn’t been confirmed yet.
View OriginalReply0
TimeScale
· 07-21 08:22
CELR’s recent price action is indeed frustrating, but the support at the lower edge of the channel is still holding up well—there’s no need to rush; wait for a breakout with increased volume before chasing.
View OriginalReply0
FakeSiteHunter
· 07-21 08:10
The lower boundary of this channel has been touched several times already—if it breaks again, it will truly be dangerous. Pay attention to your stop-loss.
View OriginalReply0
AirdropAntiRug
· 07-21 08:07
Is there any bullish divergence at the 4H RSI level? If the accompanying volume can amplify it, then that’s an opportunity.
View OriginalReply0
CommunityBuilder
· 07-21 08:07
It’s that time again when the market makers draw lines; I’ll just lie flat and wait for the signal.
View OriginalReply0
  • Pinned