🐻 Diving into
$CRV right now – it's hanging in consolidation with a sneaky bearish tilt, not really committing but leaning towards more downside.
Volume's picking up on the sells, like that big 9.9M push from 0.386 to 0.381, while rebounds are quiet as a mouse – no real follow-through. The last 1-hour candle's barely moving at 45,906.4, which screams low energy all around.
Fund flows aren't pretty either: steady outflows in spot at -7.76M over 24h and contracts at -4.10M, showing sellers in control. There was a little 2H bump in contracts (+160,505.18), but it's not flipping the script.
I'm going cautious short
$CRV here, keeping risk super tight.
Enter around current 0.387 or if it bounces to Resistance at 0.390 for better odds. A drop below Support 0.384 would really confirm the move down.
Stop at 0.400 (about 3.4% up) to handle any whipsaws.
Targets
$CRV at support 0.381 or next support 0.378
Anyone else shorting CRV or seeing a bounce?
#crv #CRVUSDT #CurveDaoToken