๐จ $CT Urgent Alert. Freefall or Double-Bottom Bounce? ๐๐
โCT is experiencing an intense sell-off, dumping -9.30% from the $0.5607 high down to print a fresh low at $0.47006, currently hovering at $0.47271!
โThe 30m chart remains heavily bearish, with the SuperTrend resistance trailing down aggressively at $0.52214. Bearish dominance is reinforced by the order book, showing 71.12% Ask (Sell) pressure overwhelming just 28.88% Bids as heavy sell walls suppress any quick recovery!
โDown Scenario (Continuation): If buyers fail to defend the $0.47000 psychological floor, the downtrend accelerates toward the next liquidity pockets at $0.4550 - $0.4400 ๐ป๐ฅ.
โUp Scenario (Relief Bounce): Defending $0.4700 could trigger a short squeeze or oversold bounce, targeting $0.4868 first, with extended relief toward $0.5080!
โHigh risk on falling knivesโalways trade with strict stop-losses! โก๐ฐ
#SECProposesCryptoCustodyRules #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #FedOctoberRateHikeOddsFallTo17% #Write2Earn #SECProposesCryptoCustodyRules $AIN
$GLMR
โCT is experiencing an intense sell-off, dumping -9.30% from the $0.5607 high down to print a fresh low at $0.47006, currently hovering at $0.47271!
โThe 30m chart remains heavily bearish, with the SuperTrend resistance trailing down aggressively at $0.52214. Bearish dominance is reinforced by the order book, showing 71.12% Ask (Sell) pressure overwhelming just 28.88% Bids as heavy sell walls suppress any quick recovery!
โDown Scenario (Continuation): If buyers fail to defend the $0.47000 psychological floor, the downtrend accelerates toward the next liquidity pockets at $0.4550 - $0.4400 ๐ป๐ฅ.
โUp Scenario (Relief Bounce): Defending $0.4700 could trigger a short squeeze or oversold bounce, targeting $0.4868 first, with extended relief toward $0.5080!
โHigh risk on falling knivesโalways trade with strict stop-losses! โก๐ฐ
#SECProposesCryptoCustodyRules #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #FedOctoberRateHikeOddsFallTo17% #Write2Earn #SECProposesCryptoCustodyRules $AIN
$GLMR
