Moving towards the triangle's breakout point

CELO's price is fluctuating within a significant range and triangle pattern. Key support zone identified, potential for positive reactions or a move towards the breakout point.

6/28/20241 min read

CELO price chart showing fluctuations within a triangle pattern, with key support and resistance lev
CELO price chart showing fluctuations within a triangle pattern, with key support and resistance lev

The price of CELO is in a significant range and experiencing fluctuations after a recent drop. Within this triangle pattern, the price is oscillating between support and resistance levels. A key support zone has been identified, which could provide strong support and trigger positive reactions. A potential scenario involves breaking through the support zone and moving towards the triangle's breakout point.