CRV is up nearly 15% today and DeFi traders are sleeping on this. The chart structure is screaming continuation — here is why.
📊 Technical Breakdown:
Price at $0.356 with both 4H and daily MAs in perfect bullish alignment (SMA7 > SMA25 > SMA99). RSI at 72.3 on 4H — yes overbought, but MACD histogram is expanding, not rolling. Volume is 1.81x above average.
🔍 Why This Trade?
Curve has been in a structural uptrend — price is 55% above its 99-day SMA ($0.229). Today is an acceleration, not a dead cat bounce. When a DeFi blue chip moves with this kind of volume and MA alignment, it usually means smart money is re-accumulating before a catalyst.
📋 Trade Plan:
Direction: LONG 🟢
Entry Zone: $0.3499 – $0.3617
Stop Loss: $0.3322 (below key support zone)
TP1: $0.3700 | TP2: $0.3843 | TP3: $0.3985
Risk/Reward: 0.6:1
Confidence: 80%
⚠️ Risk note: With RSI already overbought on 4H, consider scaling in rather than full entry. Take profits in stages — do not get greedy on a 15% day.
DeFi summer vibes or just a pump? What is your read on CRV? 👇
#CRV #DeFi #DYOR
📌 Disclaimer: Not financial advice. Personal analysis for educational purposes. Always manage your risk.