CRV MARKET STRUCTURE UPDATE
I'm tracking
$CRV closely as it's hovering near the mid-range of $0.22655, with the current price representing a 0.02% decrease from the 24-hour high of $0.23090. The volume profile indicates a slight decrease in buying pressure, which could lead to a clean breakdown below $0.22331, with a potential target of $0.22000, representing a 3.1% decrease from current prices if
$CRV can't sustain above $0.22550. It's worth noting that
$CRV shouldn't have issues holding above the support zone of ~$0.22331, with the mid-range of $0.22655 acting as a key level to watch.
I'm watching the order blocks and liquidity pools, and it seems
$CRV is struggling to gain traction above $0.22975, with a funding rate of -0.01% indicating a slight bearish bias. If
$CRV can break above $0.22975, we could see a quick move to $0.23200, representing a 1.8% increase from current prices. However, if
$CRV fails to hold above $0.22331, we could see a deeper correction to $0.21900, representing a 3.6% decrease from current prices.
$CRV #CRV #Crypto #BinanceSquare