#crv CRV Intraday Analysis

Current Market:

Current Price $0.6772, intraday decline of 1.54%;

• Technical Indicators:

◦ RSI(6): 68.17, neutral to bullish

◦ MACD: Bullish momentum is weak, volume contraction needs caution

Key Levels:

• Support Level: 0.66-0.67 (24-hour low + psychological level)

• Resistance Level: 0.70-0.71 (24-hour high + previous high resistance)

Market View:

• If it stabilizes above 0.67, a short-term rebound may test the 0.70 resistance;

• If it breaks down below 0.66 on increased volume, it may accelerate to test MA200 (0.589);

• 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!