$CELO At 0.079, sellers still hold the lower high. SHORT watch.
entry: 0.0788 - 0.0791
sl: 0.0805
tp: 0.0777 - 0.0765 - 0.0753
My take:
Price sits below both the EMA34 and EMA89 on the 30m, and the wave structure keeps printing lower highs and lower lows. Taker sell dominance at 55.6% backs that bearish lean, with RSI near 35 showing weak momentum rather than a reversal. No retest has formed yet, so the pullback stays conditional until structure confirms.
⚠️ Personal market insight, not investment advice. DYOR.
entry: 0.0788 - 0.0791
sl: 0.0805
tp: 0.0777 - 0.0765 - 0.0753
My take:
Price sits below both the EMA34 and EMA89 on the 30m, and the wave structure keeps printing lower highs and lower lows. Taker sell dominance at 55.6% backs that bearish lean, with RSI near 35 showing weak momentum rather than a reversal. No retest has formed yet, so the pullback stays conditional until structure confirms.
⚠️ Personal market insight, not investment advice. DYOR.
