$CELO / USDT — Bears Preparing to Strike 📉
🎯 TARGET 1: 0.06500
🎯 TARGET 2: 0.06390
🎯 TARGET 3: 0.06280
🛑 STOP LOSS: 0.06820
Looking closely at screenshot (23).png, the recent aggressive buying squeeze has slammed directly into a critical daily supply block (the shaded gray zone). Momentum is flashing immediate exhaustion at these highs.
Why the Short Bias?
Supply Block Collision: Price has run straight into historical order block resistance where heavy selling previously triggered a macro breakdown.
Volume Divergence: While the price pushed higher, buying volume began noticeably tapering off near the top of the structure, signaling a lack of institutional follow-through.
$EPIC
Liquidity Hunt: A multi-tapped trendline support sits completely exposed below, offering a highly attractive liquidity pool for sellers to target down to 0.06280.
Invalidation occurs strictly on a sustained hourly candle close above 0.06820.
🎯 TARGET 1: 0.06500
🎯 TARGET 2: 0.06390
🎯 TARGET 3: 0.06280
🛑 STOP LOSS: 0.06820
Looking closely at screenshot (23).png, the recent aggressive buying squeeze has slammed directly into a critical daily supply block (the shaded gray zone). Momentum is flashing immediate exhaustion at these highs.
Why the Short Bias?
Supply Block Collision: Price has run straight into historical order block resistance where heavy selling previously triggered a macro breakdown.
Volume Divergence: While the price pushed higher, buying volume began noticeably tapering off near the top of the structure, signaling a lack of institutional follow-through.
$EPIC
Liquidity Hunt: A multi-tapped trendline support sits completely exposed below, offering a highly attractive liquidity pool for sellers to target down to 0.06280.
Invalidation occurs strictly on a sustained hourly candle close above 0.06820.