๐จ CRV is on fire! After breaking out of its local trading range, the token is now in a critical bullish retest phase. With the current price at $0.648, a successful retest could lead to a 20% move up. Hereโs whatโs going down:
Key Insights:
๐ Local Range Breakout:
CRV broke free from its recent range and cleared resistance at $0.63, signaling a bullish shift in momentum.
๐ Bullish Retest in Play:
The current price action is showing a bullish retest, often indicating a solid upward move if confirmed.
Confirmation needed: If CRV holds above $0.63 and continues its upward push, the next resistance could target around $0.78 โ a 20% move from current levels.
๐ Technical Signals:
RSI and MACD are showing strong bullish divergence, suggesting momentum is building.
Volume is steady, confirming that this breakout isnโt just a fakeout.
๐ Price Targets:
Next target zone after a successful breakout could be $0.78โ$0.80.
Look for clear breakouts above these levels for further upside.
๐ก Why This Matters:
If CRV holds this breakout and bullish retest, it could confirm a strong continuation, offering a solid opportunity for traders in the near term.
Are you watching CRV? Do you think it will hold this breakout and target $0.78?
Drop your thoughts below and donโt miss out on this potential move!
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