Price action is cooling down slightly after a sharp breakout to recent highs.
$CRDOB rallied from the 261.42 base to hit a high near 263.02 before pulling back, currently holding around 262.63. The Supertrend line at 262.29 remains green directly below price, providing immediate short-term support, while volume spiked noticeably on the push up before tapering off.
The overall short-term structure maintains a bullish tilt above support, but price is consolidating after the quick expansion. Stay patient, wait for confirmation, and observe whether buyers can hold above 262.29 to attempt another move higher.
Will $CRDOB maintain its support and attempt a breakout past 263.02?
#CRDOB
$CRDOB rallied from the 261.42 base to hit a high near 263.02 before pulling back, currently holding around 262.63. The Supertrend line at 262.29 remains green directly below price, providing immediate short-term support, while volume spiked noticeably on the push up before tapering off.
The overall short-term structure maintains a bullish tilt above support, but price is consolidating after the quick expansion. Stay patient, wait for confirmation, and observe whether buyers can hold above 262.29 to attempt another move higher.
Will $CRDOB maintain its support and attempt a breakout past 263.02?
#CRDOB