Technical analysis by P_S_trade about Symbol CRO on 8/27/2025

🚀 The price of CRO skyrocketed after major news: SPAC-company Yorkville Acquisition Corp, TMTG, and Cryptocom signed a final merger agreement. They are launching Trump Media Group CRO Strategy, Inc. — a new digital asset management firm focusing on acquiring #CRONOS. 💹 Key details: ▪️ Yorkville Acquisition Corp plans to file for listing Class A shares on Nasdaq under ticker MCGA ▪️ Charter capital: • 6.3B #CRO (~19% of supply) ≈ $1B (avg. price $0.159) • $200M in fiat • $220M in warrants • + $5B credit line 🤔 But here’s the catch… As the old trader’s saying goes: "Buy the rumor — sell the news" CROUSDT is still far from ATH ($1), but the news already seems to be “priced in”. So we may see a distribution phase coming… if it hasn’t started yet. ⚖️ And the key point: the further CRO price moves from the $0.159 average set in the deal, the less appealing it looks to buy right now. And next… 👇 🧠 DYOR | This is not financial advice, just thinking out loud. ______________ ◆ Follow us ❤️ for daily crypto insights & updates! 🚀 Don’t miss out on important market moves