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Technical analysis by AliferCrypto about Symbol CRV: Buy recommendation (5/23/2025)

https://sahmeto.com/message/3541078
AliferCrypto
AliferCrypto
Rank: 208
3.3
Buy،Technical،AliferCrypto

CRVUSDT formed a rounded bottom (cup) and a minor rectangle, and it's currently attempting to break above the local $0.83 resistance.Key Levels to Watch• $0.64: Current support and minor rectangle lower boundary• $0.83: Current resistance, cup and rectangle upper boundary• $1.00: Measured target from the minor rectangle pattern• $1.30: Measured target from the cup pattern (within a key supply zone)Other Important Levels• $0.20: Key demand zone, and 2024 low• $0.40-$0.50: Key S/R dating back to November 2022, aligned with the cup bottom• $1.20-$1.30: Main supply zone, dating back to February 2023A daily close above $0.83 with volume would confirm the breakout and trigger the targets.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$1
Stop Loss Price
$0.64
Price at Publish Time:
$0.83329
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