$CELO —if you’re still holding it, you probably can’t even be bothered to look up its page in your trading app anymore. When others in the group show off their gains, you’re too embarrassed to even say what your coin is trading at—not because you’re down a few percent, but because it’s humiliating.
But lately, there’s been some movement underneath. The downtrend line that had capped it for more than half a year has been broken, and it’s held up after two retests. It’s tested the 0.068 floor seven times and never truly lost it. Trading volume is nearly three times higher than last month. The price hasn’t moved yet, but the volume is back.
I wouldn’t dare say this is the bottom. The broader trend on the chart is still bearish, and if 0.068 really gives way, it could fall further.
If you haven’t sold yet, just hang in there for now. A bottom never forms in a single day.
But lately, there’s been some movement underneath. The downtrend line that had capped it for more than half a year has been broken, and it’s held up after two retests. It’s tested the 0.068 floor seven times and never truly lost it. Trading volume is nearly three times higher than last month. The price hasn’t moved yet, but the volume is back.
I wouldn’t dare say this is the bottom. The broader trend on the chart is still bearish, and if 0.068 really gives way, it could fall further.
If you haven’t sold yet, just hang in there for now. A bottom never forms in a single day.
