$CRV Struggles to Hold on – Will 1.09 Support Prevent a Breakout?

CRV

1.0972

+1.76%

$CRV is currently trading at $1.0946, showing a slight gain of 1.33%, as it attempts to settle near the vital support area at $1.0879. After hitting a 24-hour high of $1.1600, selling has taken over, pushing the price lower and testing near-term support levels. The RSI at 27.04 suggests that CRV is approaching oversold conditions, suggesting a potential rebound if buyers return with the momentum.

However, caution is advised as the price remains under pressure. A sustained decline below $1.0879 could lead to further declines, while a recovery above $1.1107 would signal renewed strength, possibly targeting the previous high at $1.1600. Watch for volume spikes and MACD crossovers for clearer confirmation of the next move.