Is $CRV actually ready to reclaim $0.35, or is this just another bounce into resistance?
CRV is at $0.3391, up 2.20% today, but the 4h move is only +0.3%. Volume is just $1.93M and sitting at 0.1x the 20d average.
Volume is dead.
RSI at 43 says this isn’t overheated, while funding is -0.001%, so shorts are still paying. That’s interesting, but the mixed MAs and chop are real. $BTC strength helps, yet CRV is still only 27% up its 30d range and 18% below the high.
At $0.35, I’d stay patient and demand real volume. Otherwise this move fades fast. 👀
#CRV #Web3
CRV is at $0.3391, up 2.20% today, but the 4h move is only +0.3%. Volume is just $1.93M and sitting at 0.1x the 20d average.
Volume is dead.
RSI at 43 says this isn’t overheated, while funding is -0.001%, so shorts are still paying. That’s interesting, but the mixed MAs and chop are real. $BTC strength helps, yet CRV is still only 27% up its 30d range and 18% below the high.
At $0.35, I’d stay patient and demand real volume. Otherwise this move fades fast. 👀
#CRV #Web3