I fumbled $CELO twice, and the second time was worse.
I sold into the first flush, then watched it bounce and chased the reclaim. Classic.
Now it’s $0.0703, down 11.75% today, with $12.07M traded. The 4h RSI is 32, but price is still under both the 20d and 50d averages. Oversold doesn’t magically mean reversal.
The ugly part: volume is running 4x the 20d average while shorts are paying -0.072% funding. That’s not a clean setup, that’s a fight. 😬
If $CELO gets back near $0.070, I’d sit on my hands and wait for proof instead of revenge trading. $BNB can hold up while smaller names bleed. Correlation isn’t protection.
Still stings. 📉🫠
#CELO #Altcoin #Binance
I sold into the first flush, then watched it bounce and chased the reclaim. Classic.
Now it’s $0.0703, down 11.75% today, with $12.07M traded. The 4h RSI is 32, but price is still under both the 20d and 50d averages. Oversold doesn’t magically mean reversal.
The ugly part: volume is running 4x the 20d average while shorts are paying -0.072% funding. That’s not a clean setup, that’s a fight. 😬
If $CELO gets back near $0.070, I’d sit on my hands and wait for proof instead of revenge trading. $BNB can hold up while smaller names bleed. Correlation isn’t protection.
Still stings. 📉🫠
#CELO #Altcoin #Binance