Anxin’s technical analysis report
Hello everyone, I'm telling you the market is going to go down.
The market is experiencing a significant correction, with DEGO/USDT, LUMIA/USDT, and CELR/BTC all affected. DEGO/USDT is down 11.88% and currently trades at $2.107. This bearish move means that if support fails to hold at $2.00, further losses are likely. Traders should keep a close eye on whether DEGO can recapture the $2.20 levels, which would signal a reversal attempt. However, if selling pressure persists, further downside could push DEGO towards the key $1.90 zone.
LUMIA/USDT is down 9.88% and now trades at $1.268. The coin is approaching a key support level near $1.25, where buyers may step in. A break below this support could lead to a swift decline to $1.15, while a rebound here could reignite the bullish momentum. As for CELR/BTC, it is down 9.52% and now trades at 0.00000019 BTC, marking a significant correction. CELR’s current weakness suggests the need for careful monitoring, especially around the 0.00000018 BTC level, which could serve as a short-term bottom. These three popular coins are at critical turning points – traders should watch for signs of an upcoming breakout or deeper correction.
