$CRV /USDT at $1.2938 shows a 7.16% increase in the last 24 hours, with the price climbing from a low of $1.1094 to test the 24-hour high of $1.3011, indicating strong bullish momentum. Here's a breakdown of the key levels and strategy:
Entry Strategy: Ideal entry around $1.2900, aiming for short-term gains.
Take-Profit Targets: The first target is $1.3000, followed by $1.3050, with an extended goal of $1.3100.
Support Level: Strong support at $1.2700, with a stop-loss at $1.2600 to limit downside risk if the price moves lower.
RSI: The RSI at 74 indicates strong upward momentum, but be cautious as it approaches overbought levels. This suggests the potential for further gains, but traders should watch for any signs of reversal or consolidation.
Given the strong bullish movement, traders should monitor for a potential breakout above $1.3011 or for consolidation at these levels. This setup offers a favorable risk-to-reward profile with solid upside potential.