Celestia’s Brutal Correction: Can the $1 Support Level Hold?

Celestia's nosedive has traders scrambling—what looked like a promising altcoin now flirts with a psychological floor at $1. The modular blockchain darling shed value faster than a crypto influencer's credibility during a bear market.

Technical Breakdown: Death Cross or Buying Opportunity?

The charts paint a grim picture. With no major catalysts in sight, Celestia's price action resembles a parachute failure. Retail investors who bought the 'next-gen infrastructure' narrative now face the cold reality of tokenomics.

Market Pulse: Institutional Silence Speaks Volumes

Not a single whale wallet moved to catch this falling knife—perhaps they're too busy shorting it on derivatives markets. The absence of buy-side liquidity suggests this could be more than a routine pullback.

Last Word: In crypto, even the most elegant tech stacks crumble when market sentiment turns. Celestia's team might need more than modular architecture to rebuild investor confidence—maybe a partnership with a meme coin would help?