Technical analysis by pejman_zwin about Symbol CRO: Buy recommendation (7/8/2025)

Over the past 24 hours, the Cronos project with the CRO(CROUSD) token has seen a price increase of nearly +20%. Let's see if we can still profit from the movement of the CRO token.What is Cronos (CRO)?Cronos is an EVM-compatible blockchain built on the Cosmos SDK. It supports DeFi, NFTs, faster payments, and even AI‑capable dApps. Its native token, CRO, powers fees, staking, and ecosystem activities.Why CRO Jumped +20% Today (July 8)Technical leap: Sub-second block times and faster throughputBetter UX: Real-world ready for fast DeFi, payments, and AI dAppsIncreased adoption: Greater utility across CROUSD ecosystemTrader momentum: Volume surges and speculative interestStrategic roadmap alignment: Upgrades following gas fee improvements---------------------------------------------------------------------Now let's examine the CRO token chart on the 4-hour time frame from a technical analysis perspective.CRO token is currently trying to break the Resistance zone($0.0960-$0.0925).Also, in terms of Elliott wave theory, this CRO token price increase with high momentum should be in the form of wave 3 and we can expect a correction to the Potential Reversal Zone(PRZ)[$0.090-$0.0880] for CRO.I expect CRO to re-attack the Resistance zone($0.0960-$0.0925) after entering the PRZ and rise to at least near $0.1(Round Number).Note: Stop Loss (SL) = $0.847= Worst Stop Loss(SL)Note: If the CRO token breaks the Resistance zone($0.0960-$0.0925) without correction, we can expect a break of the Resistance lines.Note: It is better to enter a trade if you find the right trigger for a Long position, as a Short position is more risky.Please respect each other's ideas and express them politely if you agree or disagree.Cronos Analyze (CROUSD), 4-hour time frame.Be sure to follow the updated ideas.Do not forget to put a Stop loss for your positions (For every position you want to open).Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.I personally couldn't find a good trigger for the long position because the CRO token's movements were very sharp. But from the movements of the CRO in the last few hours, we can understand that $0.1 is an important resistance. I activated the short position and will hold it until the Monthly Pivot Point.Note: The probability of a Shooting Star pattern forming on the 4-hour timeframe is high.Stop Loss(SL): $0.10122