📊 CEG (CEG) – Brief Analysis

CEG is showing bullish momentum after the price rose approximately 2.78% to 273.7.
On the 1-hour chart, the price briefly surged to 302.5, indicating very strong buying pressure, although it subsequently faced rejection and returned to the 273–274 area.
The price is currently still above MA10 at 272.0 and MA30 at 269.1, so the short-term structure remains relatively positive.
However, the price is slightly below MA5 at 275.9, indicating that upward momentum has begun to cool after the sharp surge.
302.5 is the key resistance that needs to be broken to confirm continued bullish momentum.
Meanwhile, the 272–269 area is the nearest support, while 261.6 is the next important support.
MACD remains in positive territory, but the volatility seen on the chart indicates that pullback risk remains high.
If the price can hold the 272–269 area and break back above 278.2, the opportunity to retest 302.5 remains open.
Conversely, losing support could bring the price back to the previous consolidation area.
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