๐$CRV /USDT Chart Script โ A Silent Accumulation Before the Storm? ๐
๐ฐ๏ธTimeframe: 1H & 4H
Price: $0.6448
๐ฌ Market Outlook ๐
After days of persistent red candles, $CRV found itself at the edge โ bouncing off the $0.6220 zone, where buyers finally whispered back, "enough." The market, oversold and silent, gave birth to a bullish candle on the hourly chart, right near RSI 39โ40.
๐๏ธโ๐จ๏ธ 1H Chart:
3 green candles have formed after a long bearish stretch.
MACD histogram just flipped green, signal line curling upward.
Price pushing against 20 EMA resistance โ a potential short-term squeeze is loading.
RSI: 46 and rising โ indicating a recovery from exhaustion.
๐ 4H View โ Confirmation Building?
A bullish engulfing candle forms after a swing low at $0.6220.
20 EMA acting as resistance near $0.6650, but if broken, could lead to a quick move toward the 50 EMA.
MACD cross narrowing โ the momentum is shifting.
๐ง Pro Trader's Strategy Thinking:
This is a "Post-Selloff Reversal Setup", where entries are considered only after confirmation.
๐ Entry Zone: $0.6430โ0.6445 (already triggering)
๐ฏ Target 1: $0.6650
๐ฏ Target 2: $0.6900
๐ SL: $0.6215 (tight risk, below last wick)
๐ก Candle Bias: Reversal Setup
๐ Trend Bias: Short-term bullish, long-term still weak
๐งญ Holding Duration: 12hโ24h trade (suitable for intraday swing)
Market Sentiment Insight:๐จโ๐ซ
Volume support on this rebound is low but building. A lot depends on BTCโs stability above 70k. If BTC chills, $CRV may quietly reclaim $0.69.
Pro Tip:๐งโ๐ซ
Watch for hourly close above 20EMA; a strong close will bring in more scalp entries. Wait-and-trade the retest โ donโt chase green candles blindly.
๐ง "Markets punish impatience more than they reward aggression."
Let price confirm your bias before you confirm your position. Stay sharp. ๐น
๐ This is not financial advice. Do your own research before investing.