Technical analysis by darksignal about Symbol CRV: Buy recommendation (22 hour ago)

darksignal

On the 4-hour Curve/USDT chart the market shows a period of sideways consolidation after a recent rebound from the 0.72 USD area. Price is hovering around 0.77 USD, moving in a relatively tight range and testing both short-term moving averages. The shorter moving average has started to flatten and occasionally crosses above the longer one, a sign that selling momentum is easing. At the same time, the longer moving average still trends slightly downward, so the broader picture remains neutral to mildly bearish until a clear break higher occurs. A key support zone is visible around 0.74–0.75 USD, where several pullbacks have recently been absorbed. Above current levels, the first notable resistance lies near 0.80 USD, followed by a wider supply zone around 0.86–0.88 USD that previously capped upward moves. A sustained close above those levels, especially with rising trading volume, would indicate strengthening bullish pressure. Overall, the chart reflects a market that is stabilizing after a decline, with early signs that buyers are trying to build momentum. Further confirmation from price closing above the identified resistance areas and a continued uptick in volume would improve the outlook for additional upward movement. Potential TP: 1 $