Chromia suffers quick sell-off; avoid adding exposure
This rapid dump in CHRUSDT (-2.53% in under a minute) accompanied by unusually high short-term volume looks like aggressive selling pressure. The price moved from ₮0.1188 to ₮0.1158 quickly, and the 3-minute volume is large relative to the 24-hour volume.
I wouldn’t add exposure here. I prefer to trim risk or tighten stops and wait for clear stabilization or a confirmed reversal before considering new buys.
Analysis
Recommendation
Do not buy now. Reduce position size or set tight stops and wait for a clear stabilization or reversal signal 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.