🚨 $CRV /USDT 15-Minute Chart Trading Signal 🚨
Curve (CRV) is currently trading at 0.2377 USDT on the 15-minute chart, showing a consolidation after a descending channel breakout. This position suggests a possible rebound, though caution is necessary given recent downward trends.
Key Levels and Trade Setup:
Resistance: 0.2566 USDT – A breakout above this level would signal a stronger recovery phase.
Support: 0.2284 USDT – Critical support, with a breakdown here potentially leading to further decline.
Trade Entry and Targets:
Entry: Long position near the current price of 0.2377 USDT, aiming to capture a rebound within the range.
Take Profit (TP) Targets:
TP1: 0.2430 USDT – A conservative target to capture initial gains.
TP2: 0.2480 USDT – Mid-range target closer to resistance.
TP3: 0.2566 USDT – Upper resistance target, marking the potential top of the current range.
Stop Loss (SL): 0.2284 USDT – Positioned below the support to limit risk in case of a bearish continuation.
Summary:
CRV/USDT could see an upward move if it holds above 0.2284 USDT and manages to test the resistance at 0.2566 USDT. This setup allows for short trade.
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