📊 *#CRV (Curve DAO)* is at a *critical moment* on the daily chart — and traders should be watching closely 👀
🔺 The price is currently *testing the lower boundary of a symmetrical triangle*, a classic pattern that usually leads to *explosive moves* once a breakout (up or down) happens.
➡️ *Symmetrical triangles* show market indecision. Price compresses between higher lows and lower highs — and right now, CRV is hovering right at support. If it holds and bounces, it can signal a strong bullish reversal 🔄
🎯 *Key upside targets if bounce occurs:*
- 0.64: Local resistance zone
-0.83: Mid-triangle target
- 1.05: Historical resistance
-1.30: Bullish breakout extension target 🚀
📉 *Risk management tip*: If CRV breaks *below* the triangle with volume, downside could accelerate — so a stop-loss below the triangle floor is essential for traders 🎯⚠️
🧠 Fundamentally, Curve still plays a major role in the DeFi ecosystem (especially for stablecoin liquidity), and with ETH L2s growing, CRV may see a resurgence with increased on-chain activity.
If market sentiment improves + support holds = *high-probability bounce ahead* 💥