🚨 $CRV
/USDT ALERT: 14% DROP – CRITICAL LEVELS TO WATCH! 🚨
CRV is trading at $1.0197, down 14.38% in the last 24 hours. After hitting a recent high of $1.3368, the price has pulled back sharply, breaking below key moving averages and testing critical support zones.
Key Levels to Monitor:
Resistance:
$1.0488 (EMA 7): Immediate resistance level; regaining this could signal a recovery attempt toward $1.0886 (EMA 25).
$1.2171: A key resistance zone that needs to be broken for a bullish continuation.
Support:
$0.9693 (24-hour low): Immediate support. A breakdown below this level could push the price toward $0.8874 (EMA 99).
$0.6181: Significant long-term support zone to watch for a potential bounce.
Market Outlook:
The rejection from $1.3368 indicates heavy selling pressure, and the price is now in a consolidation phase near critical EMAs. A rebound above $1.0488 could provide short-term bullish momentum, while failure to hold $0.9693 may lead to a deeper correction.
⚠️ Caution: High volatility expected; manage trades with tight stop losses.
#CryptoSignals #CRV #DeFi #TradingAnalysis
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