CRV enters a critical period of adjustment, and the long and short directions will soon become clear!

CRV/USDT is currently priced at 0.8372. The daily chart shows that the price continues to pull back. The short-term MA7 and MA25 moving averages are moving downward, and market sentiment is still relatively weak.

Key point analysis:

• Lower support: 0.7840. If it falls below, it will further test the 0.6520 area.

• Upper pressure: 0.8866. After breaking through, it is expected to challenge 1.0162.

Trading suggestions:

1. Long strategy: If the pullback to 0.7840 support is not broken, and accompanied by a large-scale rebound, you can try to go long with a light position, with the target at 0.8866 and the stop loss set at 0.7700.

2. Short strategy: If the rebound to 0.8866 is blocked, you can try to arrange a short position, with a stop loss set at 0.9000 and a target at 0.7840.

In the short term, the market may continue to fluctuate and adjust. It is recommended to strictly control positions and wait for the direction to be further clarified.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. The market is risky and investment should be cautious.