$CRV /USDT Surges +25.20% – Targeting $1.2000 Next
CRV is showing explosive momentum in the DeFi sector, rocketing +25.20% to $0.9906 with heavy volume (124.55M CRV / $112.09M USDT). The price is approaching the 24h high ($1.0256), signaling strong bullish continuation potential.
Trade Setup:
- Entry Zone: $0.9600 – $1.0000 (dip or breakout retest)
- Stop Loss: Below $0.9000 (key support)
- Target: $1.2000 (+20% from current levels)
Why This Trade Works:
1. Breakout Confirmed: Price smashed through resistance with high volume backing.
2. DeFi Revival: CRV is leading the DeFi sector's rebound.
3. Technical Strength: Strong uptrend with no major rejections yet.
Risk Management:
- Use 2:1 reward-to-risk ratio.
- Trail stops above $1.0500 to protect profits if momentum continues.