🚨Trading Signal Alert for $CRV /USDT on the 1-Hour Chart
Overview: $CRV /USDT has shown strong upward momentum in the past 24 hours, with a sharp breakout from the $0.4860 level to the current price of $0.6164, marking a 23.26% increase. This bullish surge indicates significant buying pressure. However, the RSI is at 84.9, signaling potential overbought conditions.
Key Levels:
Current Price: $0.6164
Entry Price: $0.6050 (on potential retracement or breakout confirmation above $0.6227)
Resistance Levels:
$0.6227 (Immediate resistance)
$0.6500 (Next target)
Support Levels:
$0.5749 (Immediate support)
$0.5272 (Key support)
Take-Profit Targets:
1. $0.6300
2. $0.6500
3. $0.6800
Stop Loss: $0.5700 (to limit downside risk).
Caution: Watch for potential retracements due to overbought RSI conditions. A break above $0.6227 with strong volume could confirm further bullish continuation. Stay vigilant for any reversal patterns.
