$CRV Struggles to Hold – Will $1.09 Support Prevent a Breakdown?
$CRV is currently trading at $1.0946, showing a minor gain of 1.33%, as it attempts to stabilize near its critical support zone of $1.0879. After hitting a 24-hour high of $1.1600, sellers have dominated, pushing the price lower and testing near-term support levels. The RSI at 27.04 indicates that CRV is approaching oversold conditions, suggesting a potential bounce if buyers re-enter with momentum.
However, caution is warranted as the price remains under pressure. A sustained drop below $1.0879 could lead to further declines, while a rebound above $1.1107 would signal renewed strength, potentially targeting the previous high of $1.1600. Watch for volume spikes and MACD crossovers for clearer confirmation of the next move.