CELR Selling Spike—Wait for Buy-Side Confirmation
I see a short-term selling spike in CELR/USDT: 66.44K ₮ traded in 55s with sells at -81% (-53.19K ₮) and the price slipping to 0.00828 (-0.4%). That rapid sell imbalance suggests immediate liquidity stress.
However, 24h shows ~4% gains and 5.154M ₮ volume with only marginal net positive volume on 1–4h windows, so momentum is mixed. I’m not comfortable initiating new longs into the current selling pressure—I prefer to wait for clearer buy-side confirmation.
Analysis
Recommendation
Watch and wait: avoid buying into the current selling spike. Consider entering only after consistent buy-side volume and price stabilization—or use tight risk controls if trading a reversal.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.