$CELO IS SETTING UP FOR A DISTRIBUTION PHASE DOWN TO SUPPORT 🔥
Entry: 0.06500 - 0.07000 🔥
Target: 0.05900 🚀
Stop Loss: 0.07500 ⚠️
Big money has been selling this pump from their high-entry bags, and the volume confirms they're not done distributing. Retail buyers got trapped buying the top of this range — that's exactly where reversals start.
The last time CELO tested this resistance zone with similar volume decline, it dropped 15% in three days. Right now the momentum is shifting lower on the 4H, and the order book shows sell walls stacking.
Do you think we sweep the lows or is this a fake breakdown?
Not financial advice. Always manage your risk.
#CELO #ShortSetup #SellTheRip #Crypto
🔥
Entry: 0.06500 - 0.07000 🔥
Target: 0.05900 🚀
Stop Loss: 0.07500 ⚠️
Big money has been selling this pump from their high-entry bags, and the volume confirms they're not done distributing. Retail buyers got trapped buying the top of this range — that's exactly where reversals start.
The last time CELO tested this resistance zone with similar volume decline, it dropped 15% in three days. Right now the momentum is shifting lower on the 4H, and the order book shows sell walls stacking.
Do you think we sweep the lows or is this a fake breakdown?
Not financial advice. Always manage your risk.
#CELO #ShortSetup #SellTheRip #Crypto
🔥