📢 $CRV / USDT | 🔴 SHORT | ⭐ 77%

🎯 Target: $0.22254793. Will it reach it?

🎯 Trading levels:
🔴 Entry: $0.2281
🛑 Stop Loss: $0.231184
🏁 TP1: $0.222548
🏁 TP2: $0.219463
🏁 TP3: $0.215762

📈 Analysis:
The structure shows a clear downtrend, with lower lows and lower highs on the 4-hour timeframes. The asset has broken through a key support level at 0.23, accompanied by a significant 54.2% increase in trading volume, suggesting greater selling pressure. In addition, the momentum indicator shows a bearish setup, confirming the current price weakness.

⚖️ Risk/Reward: 1:1.8

⏱️ Timeframe: 15M

💭 A breakout occurs when the price moves through a significant support or resistance level, which usually indicates an increase in the strength of the current trend.

#crypto #CRV #trading #Bearish

💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make decisions carefully.