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Celer's had this exact pattern twice before and both times it faded back to nothing within two weeks, enjoy the heat while it lasts.
Good call on the funding context, what I'd add is that if this is real positioning, you'll eventually want to think about where those tokens are sitting, because CELR on an exchange during a move like this is a very different risk profile than CELR in cold storage.
Cold storage is for assets worth holding through cycles, and I haven't seen CELR earn that designation yet.
Still room imo but keep an eye on exchange inflows, if wallets start dumping into Binance this could stall before a real squeeze gets going.
If I jump in now am I just buying someone else's exit?
Celer's been around long enough that a 13% day doesn't really tell me much. Could go either way from here and I'd rather just stack sats this week.
Ate a 13% pump and still managed to lose money on it, classic me honestly 😂
Called the fade on this one, daily candle confirmed the rejection right where I said it would.
Celer more like seller except not today lol. Shorts getting cooked rn