🔻 $CRV /USDT – Reversal in Motion! Bearish Pressure Building ⚠️📉
$CRV just printed a local top near $0.8017, but now it’s losing steam. Rejections are piling up with consistent lower highs on the 30-minute chart — sellers are stepping in hard.
📊 Short Trade Setup:
• Entry Zone: $0.770 – $0.782
• Target 1 (TP1): $0.760
• Target 2 (TP2): $0.750 ✅
• Stop Loss (SL): $0.802
🔎 Technical View:
Lower timeframes show fading bullish momentum with bearish divergence and strong resistance near $0.80. Breakdown likely if price stays below $0.782.
🛡 Risk Note:
Tight SL recommended — reclaim above $0.802 invalidates the setup. Position sizing is key.
🔄 Strategy Breakdown:
This setup aims to catch a clean intraday reversal. The rejection at $0.80 and forming lower highs are early signs of a short squeeze failure — ideal spot for a low-risk short play.
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