CELH is gaining strong bullish momentum, with a gap forming around the $30.00 level. A breakout above the $48.00 resistance would confirm continued strength, setting the stage for a move toward the $68.50 weekly resistance. With an impressive 5.92 risk-to-reward ratio, this trade presents a great opportunity for investors, while a stop-loss at $28.00 ensures downside protection.
Celsius continues to expand its market share in the fast-growing functional beverage sector, driven by increasing demand for health-conscious energy drinks. With strategic distribution partnerships, including PepsiCo, and rising brand visibility among fitness-conscious consumers, CELH is positioned for both short-term momentum and long-term growth.
With both technical and fundamental tailwinds, CELH’s path toward $68.50 looks achievable, making this a compelling opportunity for investors.
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