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Watching $CRV futures around 0.322
I'm looking at $CRV futures today, and it's had quite a move up. The daily high is around 0.322, which seems to be a level where it's stalling out a bit. From a technical perspective, this could be a point of resistance being tested, or perhaps a temporary top before a slight retrace. I'm curious if anyone else sees it forming a local peak here, especially given the rapid ascent from 0.28439. The risk, of course, is if it blows right through 0.322 with conviction; then we're likely looking at continuation to the upside, invalidating any short-term resistance scenario I'm considering. Just trying to get a feel for what others are seeing on the charts.
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Ah, the classic 'reached for the stars, hit the ceiling' scenario. Always fun to watch if you're not caught on the wrong side of that particular gravity well. Let's see if it's just pausing for breath or contemplating a scenic descent.