Momentum is shifting, but is it sustainable?
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📊 Current Snapshot
Current Price: $0.708
Short-Term Trend: Bullish bounce
Recent Move: Strong push from support
Market Mood: Cautiously optimistic
Curve (CRV) has pulled off an impressive bounce—but now it’s entering a make-or-break zone. Will this rally hold or fold?
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🔍 What’s Happening on the Chart?
1. Strong Rebound from Support
CRV surged from the $0.34–$0.36 demand zone, nearly doubling in price!
2. Testing Mid-Channel Resistance
Price is currently hovering near a key trendline and prior support-turned-resistance around $0.72.
3. Volume Uptick Confirms Move
The bounce was backed by growing volume — always a healthy sign of momentum.
4. Indicators Show Strength
RSI: Trending above 60 = bullish
MACD: Bullish crossover
Moving Averages: Price reclaiming short-term EMAs
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⚙️ Key Levels to Watch
Immediate Resistance: ~$0.72–$0.75
Breakout Confirmation: Close above $0.75 with volume
Strong Support: $0.68
Invalidation Level: Below $0.64
If CRV can break and hold above $0.75, we might see a run toward the $0.85–$0.90 zone.
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💡 What Traders Should Consider
Bullish Scenario: Break and hold above $0.75 → continuation toward $0.90
Bearish Scenario: Rejection at $0.72–$0.75 → pullback to $0.68 or lower
Neutral Strategy: Let price close above/below key levels before jumping in
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🧠 Risk Tips for This Move
Use trailing stop-losses to protect profits
Don’t FOMO — wait for volume confirmation on breakouts
Watch BTC and dominance — they’ll influence CRV's next leg
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⚠️ Final Word
CRV is showing strength, but it’s not out of the woods yet. The battle is now at resistance. A clean breakout could fuel a new trend — but a fakeout could trap eager bulls. Stay alert, not emotional.
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Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always DYOR (do your own research) and manage your risk wisely.
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