Here's a concise technical analysis for $CRV
/USDT with a trade signal and target levels:
Technical Analysis:
Current Price: $0.8477 (+7.28% in the past 24 hours)
Trend: Bullish momentum - Price is currently trending upwards, having reached the 24h high at $0.8977.
Key Support: $0.7787 (24h low)
Key Resistance: $0.8977 (recent 24h high)
Trade Signal:
Buy Signal: Enter at current price or slight retracement to ~$0.8250.
Target Levels:
First Target (T1): $0.8700 (Approaching resistance level).
Second Target (T2): $0.8900 (Potential breakout point).
Third Target (T3): $0.9200 (Extended move towards resistance zones).
Momentum:
Bullish momentum - Positive price movement with buying interest near $0.8400–$0.8500. Watch for confirmation with further upward pressure.
Stop-Loss:
Stop-Loss Level: $0.7800 (below the recent support at $0.7787) to protect against major downturns.
This trade setup assumes a continued uptrend. If market sentiment shifts, particularly with bearish indicators, reconsider the long position.
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