CELO price action is reflecting the higher-lows formation near below the crucial $3.20 resistance level .
The CELO bulls are well maintaining the coins price above the 20 and 50-day moving averages in terms of the daily price chart.

CELO holders are holding the price well above the 20 and 50-day EMAs on the daily price chart. Above the critical resistance area , the remaining 100 and 200-EMAs are likely to influence the directional trend.

Stoch RSI is seeing an overbought phase on the daily price chart. Recently, the moving line gave a bullish crossover and again continued to move towards the 100-level.

The Average directional index is appearing higher at 28-mark, reflecting the bullish momentum for the CELO coin.

The bulls need to push the price of the CELO token above the nearest resistance area of $3.20. On the other hand, if the bulls fail to manage the price above the previous swing low of $2.77, the bulls may again look for selling opportunities.

Support level- $2.80 and $2.0
Resistance level- $3.20 and $4.4