🔴 CRV 4H Setup: Range-Top SHORT
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👉 Bias: Bearish. CRV trades near 0.2836 (-1.5% 24H) under EMA20 0.2984, EMA50 0.3200 and EMA200 0.3433. The Oct 29-30 dump wicked to 0.2640, and price has since chopped in a tight 0.2807-0.2923 range below the falling EMA20.
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🧱 Support: 0.2810, 0.2682, 0.2640
🚧 Resistance: 0.2900-0.2925 range top, 0.2984 EMA20
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🎯 Plan (SHORT)
Entry: 0.2900-0.2925
Stop loss: 0.2975
TP1: 0.2810
TP2: 0.2682
TP3: 0.2640
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🧠 Why: Every bounce since Oct 30 has stalled under 0.2923 while the EMAs keep sloping down. A rejection at the range top favors a move back to the floor and the Oct 30 lows.
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⚠️ Risk: A 4H close above 0.2975 reclaims the EMA20 and voids the idea. Keep size small.
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Not financial advice. DYOR.
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$CRV $BTC #CRV #Curve #CryptoTrading #TechnicalAnalysis