$CELH
Added 2024-07-26 18:41:19 +0000 UTC$CELH has bounced with the market today which is a badly needed bounce for $CELH and the market.
We can see clearly on the chart that the bounce is only a retest so far of the yellow trend line from below, this level needs to be flipped to support at $48 to show signs of a reversal and then eventually reclaiming the symbolic $50 level.
Until then, the lower price target of $38 on the 0.618 Fib is still a risk.
