Technical analysis by BOT721 about Symbol CRV: Buy recommendation (1/23/2025)

After experiencing a parabolic increase from 0.221 to 1.328, the price has oscillated within a descending trend, forming progressively lower highs. I believe there is still an opportunity to position long when the price revisits the demand zone, which aligns with the 61.8% Fibonacci retracement level and the 2024 annual opening price slightly below it. However, if the price breaks below this demand zone, another opportunity may arise around the 0.25 level, where we also have an nPOC (naked Point of Control).