Technical analysis by CryptoNuclear about Symbol CRV: Buy recommendation (10/5/2025)

📊 Market Overview Curve DAO Token (CRV) is currently standing at a critical juncture after spending several months moving inside a well-defined descending channel since early August. This channel has consistently reflected sustained selling pressure — yet recent momentum shows buyers pushing back, testing the upper boundary of the channel, and signaling a potential shift in short-term trend dynamics. At the moment, CRV is retesting the key resistance zone between 0.79 and 0.82 USDT, aligning with the upper boundary of the descending channel — a classic decision zone that will likely define whether the next move is a breakout or another rejection. 📈 Technical Structure & Pattern Explanation Main pattern: Descending Channel The structure reflects a sequence of lower highs and lower lows, contained within parallel boundaries, forming a clear bearish trend channel. Technical validation: Multiple touches on both upper and lower boundaries confirm strong technical respect for the pattern — making it a reliable setup. Key horizontal levels (based on the chart): Immediate support: 0.7970 Major resistance zones: 0.8233 → 0.9369 → 1.0000 → 1.0404 → 1.0951 High level: 1.1626 Mid-channel support: 0.64–0.70 Lower boundary: 0.55–0.60 Major structural low: 0.4893 🔥 Bullish Scenario – Breakout and Early Reversal Setup Bullish narrative: If CRV successfully breaks and closes a daily candle above 0.8233, it would signal a clear breakout from the descending channel — potentially marking the early stage of a trend reversal after months of downside pressure. Confirmation checklist: Rising volume during breakout. RSI breaking above 50 and trending toward 60–70. MACD showing a bullish crossover with positive histogram growth. Upside targets after breakout: First target: 0.9369 – minor resistance & initial breakout confirmation zone. Second target: 1.0404 – key psychological and historical resistance. Extended target: 1.0951 → 1.1626 – if momentum remains strong. Trading plan & risk management: Aggressive entry: on daily close above 0.82. Conservative entry: wait for a retest of the upper channel as support (~0.80). Stop loss: below 0.74–0.75 (failed breakout zone). Take profit gradually at the levels mentioned above. Bullish conclusion: A confirmed breakout with strong volume could signal the transition from a medium-term downtrend to a neutral or bullish recovery phase. ⚠️ Bearish Scenario – Rejection and Continuation of the Downtrend Bearish narrative: If CRV fails to close above the upper trendline and faces rejection near 0.80–0.82, the descending channel remains intact — confirming that sellers still dominate the market structure. Confirmation checklist: Bearish candlestick formations (e.g., bearish engulfing, shooting star) near upper trendline. Weak volume on approach to resistance. RSI fails to cross 50 and turns downward again. Downside targets: First target: mid-channel area ~0.66–0.70. Second target: lower boundary 0.55–0.60. Final support: 0.4893 – major structural low. Trading plan & risk management: Entry short after confirmed rejection candle. Stop loss above 0.85–0.90 (outside the channel). Take profit at mid- and lower-channel zones. Bearish conclusion: As long as CRV remains below 0.82 and continues to respect the descending channel, the bearish structure of lower highs and lower lows remains valid. 🔍 Overall Technical Summary The descending channel defines CRV’s structure clearly — it’s now testing the most crucial point of that formation. A daily close above 0.8233 could trigger a trend reversal, while a rejection would extend the downtrend. Momentum and volume confirmation will be key in determining which path unfolds next. #CRV #CRVUSDT #CurveDAO #TechnicalAnalysis #CryptoAnalysis #DescendingChannel #BreakoutTrading #ChartPattern #CryptoTrading #PriceAction #CryptoMarket