🚨 $CRV: THE DROP ALREADY HAPPENED. I’M NOT CHASING A SHORT HERE.

CRVUSDT Futures closed its latest confirmed H1 candle at $0.3943 (30 Sep, 05:59 UTC).

Three reasons to stay patient:

1️⃣ Price swept below $0.3765 to $0.3747, then recovered. Selling into that demand zone risks getting caught in another bounce.

2️⃣ The latest H1 close reclaimed $0.3936, confirming a local bullish CHoCH and weakening the immediate bearish structure.

3️⃣ Recovery volume was only 0.32× the previous 20-hour average. Buyers have improved the structure, but strong participation is still missing.

Wyckoff: a potential Spring is developing, not confirmed accumulation. SMC: the local bullish shift needs follow-through and a valid retest.

I’m watching demand at $0.3747–$0.3816 and overhead supply at $0.4016–$0.4158.

⚪ NO CLEAR EDGE — SKIP TRADE.

A red candle alone is not a short entry. I need a confirmed breakdown followed by a failed retest before considering one.

For now, patience beats chasing.

Will CRV reclaim $0.4016 with stronger volume, or stall below supply?

$CRV #Wyckoff #SMC
Paper analysis only. Not financial advice.