CRV Price Fluctuates! After a V-shaped Rebound, the Pullback Indicates Short-term Potential!
Brothers, the V-shaped rebound of CRV has entered a rapid pullback phase, and the MACD indicates weak divergence, showing a clear decrease in buying strength! In the short term, market sentiment has evidently cooled down, and this trend makes one wonder: Is this a short-term consolidation or the beginning of a pullback?
Pullback Signal After V-shaped Rebound
After experiencing a typical V-shaped rebound, CRV's price has begun to pull back rapidly. Although there was strong upward momentum in the short term, the pullback pattern is becoming apparent, and the market is gradually losing its drive, with investors' attitudes becoming more conservative.
The MACD shows weak divergence, indicating that buying power is weakening, and the momentum for further price increases is insufficient. In the short term, this divergence may likely lead to price fluctuations or further pullbacks.
For short-term trading, it is advisable to be cautious and wait for clearer support levels or signals indicating the end of the pullback before making decisions. If you hold CRV, now is the time to consider risk management or look for entry opportunities at key support levels.
Don’t be blinded by short-term fluctuations; Brother Tang teaches you to set goals, advance step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and let him guide you from confusion to freedom!
