$CRO /USDT

Choice: Short 📉

Stop Loss: 0.2884

CRO has shown an aggressive pump, landing in the top gainer list. On the daily chart, price has tested the 2.618 Fibonacci extension, a strong resistance zone.

Momentum is overheated with RSI(7) above 90, suggesting extreme overbought conditions. While volume is still heavy on the upside, signs of an early correction are visible. This raises the probability of selling pressure entering the market.

EMAs are neutral, giving no strong signal at this stage. Based on these factors, I maintain a bearish outlook and expect a corrective move if resistance continues to hold

#CRO #Analysis #Trade #Crypto