$CRV is showing some serious strength after that nasty flush down to the 0.31 support zone! 📉
Looking at the 4H chart, we had a massive rejection wick at the lows, and the bulls are stepping back in.
We’re currently up ~6% today, pushing back up to 0.3467 and reclaiming the mid-range.
If we can hold above 0.34, I'm expecting a retest of the recent highs.
📊 The Trade Setup:
🔹 Entry: 0.3400 - 0.3470 (Current Market Price is fine, or scale in on a small pullback)
🔹 Target 1: 0.3600 (Local resistance)
🔹 Target 2: 0.3780 - 0.3800 (Major swing high).
🔹 Target 3: 0.4000 (If momentum goes parabolic)
🛑 Stop Loss: 0.3180 (Below the recent local wick)
$CRV
Looking at the 4H chart, we had a massive rejection wick at the lows, and the bulls are stepping back in.
We’re currently up ~6% today, pushing back up to 0.3467 and reclaiming the mid-range.
If we can hold above 0.34, I'm expecting a retest of the recent highs.
📊 The Trade Setup:
🔹 Entry: 0.3400 - 0.3470 (Current Market Price is fine, or scale in on a small pullback)
🔹 Target 1: 0.3600 (Local resistance)
🔹 Target 2: 0.3780 - 0.3800 (Major swing high).
🔹 Target 3: 0.4000 (If momentum goes parabolic)
🛑 Stop Loss: 0.3180 (Below the recent local wick)
$CRV