🚀$CRV /USDT Trade Setup – Cautious Bullish Breakout Watch🔐👇
🕰️ Timeframes: 1D & 1H
🔍 Detailed Technical Analysis
🟩 1D Chart Observations:📊
Support Bounce: $CRV recently rebounded off the major support zone near $0.610, which also aligns with the 200 EMA.
EMA Compression Zone: Price is trading between the 50 EMA ($0.6476) and 100 EMA ($0.6776), showing potential for volatility expansion.
RSI (43.82) on the daily is rebounding from oversold territory but still under the 50 level – early bullish signs, but not confirmation yet.
🟨 1H Chart Observations:📊
Higher Lows Forming: Despite short-term resistance at $0.6550, price action shows higher lows—indicating buying interest.
RSI Divergence Fading: RSI (48.85) and MA line (54.06) are converging, which could trigger a momentum shift if crossed upward.
Volume Stable: Sideways volume suggests a breakout is brewing, not a false move.
🟢 Revised Bullish Strategy Plan💥
✅ Buy Zone (Confirmation Entry): Break and hold above $0.656 with volume.
🎯 Target 1: $0.668
🎯 Target 2: $0.682
🛑 Stop-Loss: $0.644 (below 1H structure low)
⏱️ Trade Duration: Short Swing (12–24 Hours)
🧠 This setup is early-stage bullish with technical signs of pressure building under resistance. A clean breakout above $0.655 with volume could attract short covering and new buyers. Still, caution is key — bulls need a decisive push; otherwise, $CRV risks another fade toward $0.640.
Use confirmation entry — don’t preempt breakout — or consider watching until $0.656 is flipped to support.
💡 Pro Tip: "Strong trades are born where patience and confirmation meet. React, don’t predict."
📌 This post is for educational purposes only. Always do your own research and use risk management tools.
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