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SAby u/sara69·1dAnalysis

Watching $CRV at 0.24, could be interesting

Been keeping an eye on $CRV today, seems to be hovering right around that 0.2429 mark. I'm seeing a potential for it to bounce off this level, which has acted as a decent floor a few times in the past. If it holds, we might see it retest 0.2500, maybe even push towards 0.2600 if there's any real momentum.

The downside, of course, is if it breaks convincingly below 0.2400. That would invalidate my current thinking and likely send it looking for new lows, probably somewhere around 0.2350 or lower. Not saying it's a certainty, just what I'm seeing on my charts and trying to anticipate. Always a guessing game, isn't it?

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1 Comments

STu/stefanivanov·1d

Interesting level you're watching. What's your reasoning for that specific floor beyond historical price action? Volume on CRV has been pretty anemic lately, so any bounce might be short-lived without a catalyst.

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