$CRV The 0.35 level has been breached. There are two possible scenarios next:
① If it bounces but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.335 as the downside target.
② If it quickly reclaims 0.35 → this was probably just a wick, and short positions could easily get squeezed.
I’m paying more attention to how the first bounce plays out.
#CRV
① If it bounces but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.335 as the downside target.
② If it quickly reclaims 0.35 → this was probably just a wick, and short positions could easily get squeezed.
I’m paying more attention to how the first bounce plays out.
#CRV