Technical analysis by The_Alchemist_Trader_ about Symbol CRO: Buy recommendation (9/11/2025)

The_Alchemist_Trader_

Cronos has returned to retest its old range, with confluence stacking at support levels. This gives bulls a strong foundation to attempt a reversal higher. Key Technical Points: - Retesting range high as new support. - Confluence with 0.618 Fibonacci, VWAP, and moving averages. - Upside potential toward $0.48 if support holds. CRO recently faced rejection at the value area high, triggering a pullback into its prior trading range. However, this zone is now acting as a support base, with multiple technical indicators in alignment. The 0.618 Fibonacci retracement, VWAP, and key moving averages all coincide at this level, forming a dense confluence area. Such overlaps often act as springboards for bullish reversals, provided demand steps in. If buyers manage to defend the base, CRO could rotate higher toward $0.48. This would confirm a healthy retest of support and reestablish the bullish continuation structure. What to Expect in the Coming Price Action: As long as CRO holds above its reclaimed range, the bias remains bullish. A sustained reaction here could send price toward $0.48, reinforcing the broader bullish continuation setup.