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$CELO is getting interesting.
The chart isn't exciting because it already moved.
It's exciting because it hasn't confirmed its move yet.
Price has spent days respecting an ascending trendline while repeatedly testing the same resistance. Every higher low tells me buyers are becoming more aggressive.
From my experience, these are the setups worth tracking.
Not because they always break out.
But because the risk is usually much easier to define before the move happens.
Right now, I'm staying patient.
A convincing 4H close above the resistance is what I'd like to see before turning bullish. Until then, it's simply a high-probability setup under observation.
The best trades I've taken rarely came from chasing green candles.
They came from waiting for confirmation and letting the market prove my idea first.
I'm watching this one closely.
What's your view on $CELO—breakout ahead or another rejection?
#SummerCreationCamp