🟥 CRV/USDT – SHORT TRADE SIGNAL IN PLAY – Bearish Momentum Continues

Current Price: ~$0.686

Trend Summary: CRV has consistently printed lower highs and lower lows, with sustained selling pressure. The recent bounce attempts are weak, indicating a potential continuation of the downtrend if support fails.

🔻 Short Bias – Breakdown Likely if Support Breaches

📉 Entry (Short):

$0.685 – $0.690 (ideal zone; enter on bearish candle or failed bounce)

🛑 Stop-Loss:

$0.698 (above recent minor high)

🎯 Take-Profit Targets:

TP1: $0.668

TP2: $0.654

TP3: $0.640 (if strong momentum)

📊 Risk/Reward:

Approx. 2:1 setup if downtrend continues without major bounce

🔍 Technical Observations:

Clear lower-high structure on 1H timeframe

Weak volume support on bounces

No bullish engulfing or reversal signs yet

Momentum favors bears; follow through likely if $0.68 breaks convincingly

📢 Signal Analyst: @RanaDanialBabar ar

🕰️ Timeframe: 1H (Short-Term Momentum Play)

⚠️ Caution: If price closes above $0.70, setup is invalid — likely range consolidation or short squeeze.