$CELO USDT Perp – Selling Pressure Slowing Down 🧠

CELO topped earlier around 0.123–0.125, but that zone clearly marked distribution. Price rolled over and flushed down to 0.113, where buyers finally stepped in. Right now, it’s hovering near 0.115, trying to stabilize after a sharp move.

This 0.113–0.114 area is critical. The reaction here suggests sellers are losing momentum, but strength still needs confirmation. If this base holds, a slow push back toward 0.118–0.120 is possible. If it fails, downside continuation remains a risk.

Volume spiked during the drop and has now cooled, which often signals exhaustion rather than continuation.

No rush trades.

Let the base form.

Risk management stays first. 📉🔥

DYOR | Stay disciplined