$CELR is moving fast, but this chart is showing clear signs of an overheated move.
$CELR +115% in 24H with a massive volume expansion has pushed price to 0.004943, just below the 0.005150 high. Daily RSI is around 96, while MACD has sharply turned bullish.
My bias is bullish on the trend, but I would NOT chase this vertical candle. I want a pullback and confirmation before considering a fresh long.
Key levels: Support: 0.00452 / 0.00370 / 0.00289 Resistance: 0.00515 / 0.00534 Bullish continuation: clean breakout and daily acceptance above 0.00515 Risk signal: rejection from 0.00515 followed by a loss of 0.00452 could trigger a deeper reset
The trend is strong, but after a 100%+ move, protecting capital matters more than chasing the top.
#CELR #CelerNetwork #CryptoTrading #Altcoins #BinanceSquare
$CELR +115% in 24H with a massive volume expansion has pushed price to 0.004943, just below the 0.005150 high. Daily RSI is around 96, while MACD has sharply turned bullish.
My bias is bullish on the trend, but I would NOT chase this vertical candle. I want a pullback and confirmation before considering a fresh long.
Key levels: Support: 0.00452 / 0.00370 / 0.00289 Resistance: 0.00515 / 0.00534 Bullish continuation: clean breakout and daily acceptance above 0.00515 Risk signal: rejection from 0.00515 followed by a loss of 0.00452 could trigger a deeper reset
The trend is strong, but after a 100%+ move, protecting capital matters more than chasing the top.
#CELR #CelerNetwork #CryptoTrading #Altcoins #BinanceSquare