$0.001594 on $CKB . Down 18.59% today.
That is ugly.
The 4h dump was 17.5%, but volume hit $14.64M, or 5.8x the 20d average. That’s real forced selling, not a quiet drift. ⚠️
Still, 4h RSI is 55 and price remains above the 20d and 50d MAs. Shorts are paying -0.036% funding too. Interesting setup, but not clean. $ETH isn’t trading with this same level of panic.
I’m watching $0.0015. Hold there and I’d sit tight. Lose it and the bullish stack starts looking like exit liquidity. 🧊
#CKB #Crypto
That is ugly.
The 4h dump was 17.5%, but volume hit $14.64M, or 5.8x the 20d average. That’s real forced selling, not a quiet drift. ⚠️
Still, 4h RSI is 55 and price remains above the 20d and 50d MAs. Shorts are paying -0.036% funding too. Interesting setup, but not clean. $ETH isn’t trading with this same level of panic.
I’m watching $0.0015. Hold there and I’d sit tight. Lose it and the bullish stack starts looking like exit liquidity. 🧊
#CKB #Crypto