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Technical analysis by dRends35 about Symbol CRCLX: Sell recommendation (12/12/2025)

https://sahmeto.com/message/3983981
dRends35
dRends35
Rank: 1478
2.2

CRCL - May Be A Bearish Indicator For Crypto

Sell
Price at Publish Time:
$85.16
Sell،Technical،dRends35

CRCL may be quite a warning indicator here for crypto. Notice how the uptrend is leaning over with liquidity sweeping slightly higher highs. And just in the last few hours has whipsawed up to sweep the high again before printing impulsive downside - shakeout pattern. Also notice that the RSI has been printing bearish divergence. So, this is a technical short really, though with so many great longs to buy I won't be shorting it - and it would be quite an aggressive trade. This looks like a potential high time frame retracement has completed and now the dominant trend may be asserting to the downside. This may be signalling that Bitcoin / TOTAL may do something similar 🤨. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.

Source Message: TradingView
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