Things are getting crowded on the long side, but the structure still hasn’t cracked.
$CARV is around 0.04580 after pushing higher, with 15m and 1h holding bullish structure while 4h is still carrying strong upside pressure. OI has jumped 22.7%, so there’s plenty of fuel in the move, and the 0.046 area is where I’d want the retest to play out.
Entry: 0.04628 - 0.04669
TP1: 0.05310
TP2: 0.05482
SL: 0.04497
The interesting part is the split: short-term buyers are still in control, but 4h RSI is already stretched and longs are crowded at 2.77. If that pullback gets bought cleanly, CARV can get spicy fast.
$CARV is around 0.04580 after pushing higher, with 15m and 1h holding bullish structure while 4h is still carrying strong upside pressure. OI has jumped 22.7%, so there’s plenty of fuel in the move, and the 0.046 area is where I’d want the retest to play out.
Entry: 0.04628 - 0.04669
TP1: 0.05310
TP2: 0.05482
SL: 0.04497
The interesting part is the split: short-term buyers are still in control, but 4h RSI is already stretched and longs are crowded at 2.77. If that pullback gets bought cleanly, CARV can get spicy fast.
