sell

Chromia (CHR) Rapid Dump on Heavy Volume — Short-Term Bearish

I see a sharp dump in CHR/USDT: price slipped about 2.53% from ₮0.1188 to ₮0.1158 in under a minute.

The 3-minute volume surge (2.25M vs 24h 4.62M, 3m/24h = 233.5) signals aggressive selling pressure and short-term weakness. I would not chase a buy here and would prefer to reduce exposure until the market stabilizes.

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Analysis

The quick price drop accompanied by a 3-minute volume equal to over 233% of 24h average indicates concentrated sell orders and likely liquidity-driven downside. This looks like transient panic or a co...

Recommendation

Don't buy now; reduce or sell into the weakness and wait for consolidation or a clear reversal on lower volume before re-entering.

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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