📉 CRV Short Setup in Focus 🔻
Trading Plan:
Bias: Short
Entry: 0.345 - 0.320
SL: 0.41
TP1–TP3: 0.300 / 0.250 / 0.191
Technical Analysis:
The asset displays a clear and sustained bearish trend on the daily timeframe, consistently trading below key moving averages (EMA25, EMA99) and the Supertrend indicator. The price is currently consolidating near multi-month lows, with the middle Bollinger Band (around 0.400) acting as a significant resistance level. A confirmed breakdown below the current support zone of approximately 0.350, ideally with an increase in volume, would serve as a strong signal for the continuation of the downtrend towards the next major support levels.
Invalidation:
Only a break above 0.41 would invalidate this bearish setup.
CRVUSDT
Perp
0.354
-5.85%
CUDISUSDT
Perp
0.02519
-12.50%
VANAUSDT
Perp
2.801
-0.81%
