$CRV #CRV 📉
Direction: SHORT
Entry zone: 0.235 to 0.238
Stop loss: 0.244
Target 1: 0.229
Target 2: 0.222
Curve DAO is trading near 0.236 dollars, down 4.04 percent in 24 hours and down 14.75 percent on the week, inside a range of 0.2358 to 0.2513 dollars, and the recent closes show sellers pressing lower, 0.236224, then 0.237256, then 0.237156, then 0.235896, then 0.236042. 🔴 My reading is that CRV is sitting on its 24 hour low with no bounce at all, because a coin that cannot lift off its low while Bitcoin is flat is telling you sellers are in control, and the next push down has very little support underneath. A short from the current zone, with a stop above 0.244, targets 0.229 first and then 0.222 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does CRV break 0.229 today, or reclaim 0.244 first? 🤔
Follow for more trades.
#CurveDao #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.235 to 0.238
Stop loss: 0.244
Target 1: 0.229
Target 2: 0.222
Curve DAO is trading near 0.236 dollars, down 4.04 percent in 24 hours and down 14.75 percent on the week, inside a range of 0.2358 to 0.2513 dollars, and the recent closes show sellers pressing lower, 0.236224, then 0.237256, then 0.237156, then 0.235896, then 0.236042. 🔴 My reading is that CRV is sitting on its 24 hour low with no bounce at all, because a coin that cannot lift off its low while Bitcoin is flat is telling you sellers are in control, and the next push down has very little support underneath. A short from the current zone, with a stop above 0.244, targets 0.229 first and then 0.222 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does CRV break 0.229 today, or reclaim 0.244 first? 🤔
Follow for more trades.
#CurveDao #Crypto #FuturesTrading #TradingSignals
