#crv CRV Intraday Analysis
Current Market:
Current Price $0.6772, intraday decline of 1.54%;
âą Technical Indicators:
⊠RSI(6): 68.17, neutral to bullish
⊠MACD: Bullish momentum is weak, volume contraction needs caution
Key Levels:
âą Support Level: 0.66-0.67 (24-hour low + psychological level)
âą Resistance Level: 0.70-0.71 (24-hour high + previous high resistance)
Market View:
âą If it stabilizes above 0.67, a short-term rebound may test the 0.70 resistance;
âą If it breaks down below 0.66 on increased volume, it may accelerate to test MA200 (0.589);
âą Currently, bulls and bears are at a standstill, insufficient volume limits direction, it is recommended to treat it with a range-bound mindset.
Trading Strategy:
1. Short-term Long Attempt: Enter lightly around 0.67, set stop loss at 0.65;
2. High Short Layout: If it encounters resistance at 0.70, consider going short, targeting 0.68.
The market is fluctuating and testing patience, avoid over-leveraging, it is recommended to wait for clear signals before increasing position size!
#crv thumbs up!