sell

Chromia (CHR) Quick Dump — Short-Term Sell Pressure

I see a rapid dump in CHR/USDT: price slid from 0.1165 to 0.1134 in about 54 seconds, a -2.66% move. The immediate drop is notable given the short timeframe.

Short-term volume is elevated — 3m volume 1.33M versus 24h 4.62M (3m/24h = 137.9%) — which points to aggressive selling rather than a low-volume blip.

I will avoid initiating long positions until I see stabilization or a clear reversal; this looks like short-term weakness that could extend if selling persists.

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Analysis

The rapid price decline combined with an outsized 3-minute volume relative to 24-hour volume indicates concentrated selling pressure. Without a quick volume pullback or reclaim of nearby resistance (~...

Recommendation

I recommend selling or standing aside for now — do not buy into this move. Wait for consolidation above short-term support or clear reversal signals before buying; consider short exposure only if you ...

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.

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