$CRWV A series of steep losses has pinned the bulls to the ground and battered them relentlessly. On the daily chart, there hasn’t even been a meaningful attempt to fight back—the price has plunged straight through the 50 level. However, after this extreme sell-off, the long lower wick suggests that some buyers are tentatively stepping in, while the RSI has sunk deep into oversold territory at 24. In such an extremely oversold state, a technical rebound could be triggered at any moment. Taking a small position on the long side to catch a bounce could be worth a shot!
Entry: 50.36
Stop loss: 49.00
Take profit: 54.44
$CRWV - Long
Enter the trade below 👇
Entry: 50.36
Stop loss: 49.00
Take profit: 54.44
$CRWV - Long
Enter the trade below 👇
