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

https://sahmeto.com/message/3541078
AliferCrypto
AliferCrypto
Rank: 31232
1.0

Curve (CRV) Structure Analysis (1D)

Buy
Price at Publish Time:
$0.83329
Profit Target:
(+20.01%)$1
Stop Loss Price:
(-23.20%)$0.64
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 2023 A daily close above $0.83 with volume would confirm the breakout and trigger the targets.

Source Message: TradingView
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