$CELO 15 minutes of sell orders are 1.52 times the buy orders, while the price drops only 0.41%—the hand slamming the market is spinning in place!
Current price is 0.09865, 1 hour ago 0.09918. Over the past 24h, the high is 0.10716 and the low is 0.09717. The price fell 7.559% over 24h, with trading volume of 20.78 million. In the last 1 hour, trading volume is only 0.58x the 24h hourly average. The active buy/sell ratio is 0.918; over 15 minutes it is 0.66. Position value is 3.662 million, down 0.64% in the last hour. Funding rate is -0.0071%, with shorts paying longs.
No breakout in volume and positions are shrinking. Sell orders are leading yet they can’t push the price down—more like reducing positions and rotating than piling on fresh sell pressure. The side holding shorts is still paying out-of-pocket, and the force to drive the price lower is running out. Only after reclaiming the 1-hour-ago price of 0.09918 can it be considered solid; a break below the 24h low of 0.09717 is the line.
#CELO order book
Current price is 0.09865, 1 hour ago 0.09918. Over the past 24h, the high is 0.10716 and the low is 0.09717. The price fell 7.559% over 24h, with trading volume of 20.78 million. In the last 1 hour, trading volume is only 0.58x the 24h hourly average. The active buy/sell ratio is 0.918; over 15 minutes it is 0.66. Position value is 3.662 million, down 0.64% in the last hour. Funding rate is -0.0071%, with shorts paying longs.
No breakout in volume and positions are shrinking. Sell orders are leading yet they can’t push the price down—more like reducing positions and rotating than piling on fresh sell pressure. The side holding shorts is still paying out-of-pocket, and the force to drive the price lower is running out. Only after reclaiming the 1-hour-ago price of 0.09918 can it be considered solid; a break below the 24h low of 0.09717 is the line.
#CELO order book
