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JPby u/jasmine_p·2hAnalysis

Thoughts on the upcoming CRV vote on Polymarket

Been watching the $CRV vote on Polymarket pretty closely. There's a lot of chatter around the 0.24-0.25 resistance we've seen on the daily chart. I'm thinking about the Polymarket odds for 'CRV will be above $0.25 by [date]' given the recent price action. If we get a sustained break above $0.2435, especially on decent volume, I'd expect those odds to climb pretty sharply. The daily candle needs to close convincingly above that level for me to have any real conviction.

My primary concern is if we see a rejection at that 0.2435 area. A clear wick above, followed by a close back below, would suggest that resistance is still very much in play. In that scenario, I'd anticipate the Polymarket odds to stabilize or even drop back, as traders factor in a potential retest of lower support levels, perhaps closer to 0.238. It's really going to come down to how the market reacts at this specific point; volume will be key for confirmation in either direction.

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