Technical Analysis of $CRV
/USDT:💯🔥
Current Price: $0.9855 (+4.22%)
Trend: Bullish momentum with a positive change of 4.22% over the past 24 hours.
Support Level: $0.8835 (24h low), providing a strong base for potential upward movement.
Resistance Level: $0.9949 (24h high), a key barrier before reaching higher levels.
Moving Averages: Suggest a short-term bullish momentum as price is maintaining above the previous low and high levels.
Trade Signal:
Buy Signal: Current price offers a solid entry for potential upward momentum if it holds above $0.9850.
Target Levels:
Target 1: $1.00 (next psychological resistance level)
Target 2: $1.04 (previous high range before any significant pullback)
Target 3: $1.08 (possible continuation target if momentum holds)
Trade Momentum: Bullish in the short-term, but monitor volume closely for any signs of reversal. A close below $0.88 may signal a potential change in trend.
Always ensure to implement stop losses to manage risk effectively, especially with current volatility.