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Technical analysis by ScramblerG about Symbol CRO: Buy recommendation (9/3/2025)

https://sahmeto.com/message/3751963
ScramblerG
ScramblerG
Rank: 2750
2.0
Buy،Technical،ScramblerG

CRO has broken out of a descending wedge pattern on the 4H chart after several weeks of consolidation. Historically, this setup often signals the end of a corrective phase and the beginning of a bullish continuation. Key observations: The breakout candle closed above the wedge trendline with increasing momentum. Price is reclaiming the 0.260–0.270 support zone, which was previously resistance. Strong bullish engulfing candle adds confirmation of demand stepping in. If momentum sustains, CRO could target the upper resistance cluster near 0.328 – 0.385. Entry zone: 0.260 – 0.270 Stop loss: Below 0.240 Targets: T1: 0.294 T2: 0.310 T3: 0.328 Extended: 0.371 – 0.386 Insights: Holding above 0.265–0.270 is critical. Failure to hold could drag price back toward 0.245 before any continuation. DYOR | Not Financial Advice

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.26927
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