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At the CELO 0.0744 level, if you don't decide within 3 minutes, you'll have to watch it surge to 0.0755 or retrace to 0.072.
10 minutes ago I was watching the chart. From the 24h low of 0.0615 to now, a 17.63% increase. The speed of this pump doesn't match retail investors' FOMO buying. Trading volume 12.6M, volume is already 40% higher than the 24h average, but the real whales haven't moved yet — 0.0746 is today's high. If it can't break above with volume in the next 15 minutes, this upper shadow is a classic bull trap.
Scenario 1: Buy now, stop-loss at 0.072 (the 0.618 retracement level from today's low), take-profit at 0.077. If it breaks above 0.0746 with volume within 15 minutes, you can add to the position, but don't exceed 20% of your capital. Scenario 2: If the price is still hovering below 0.0735 by 8 AM tomorrow, it means weak buying support, this move is a bounce not a reversal, and you must reduce your position.
Let me tell you, I can see the on-chain data clearly — CELO's whale holdings increased from 42% to 45% in the last 24 hours, retail is selling, smart money is buying. But the time window is only from today to tomorrow morning, because there's an unlock event the day after tomorrow that may cause a dump.
If you want to chase, don't ask, just assess the risk yourself. If you think my analysis is reliable, leave a comment saying "followed," and I'll come back tomorrow at this time to review, and see who got a piece of this profit.
Countdown: Now, there are 12 hours left in the breakout confirmation window. After 12 hours, either you watch it rise to 0.08, or you watch it fall back to 0.068. Which one do you choose?