CRV / TetherUS
Long

TradeCityPro | CRV: Key Support Test in DeFi Token

647
👋 Welcome to TradeCity Pro!
In this analysis, I want to review the CRV coin for you. It is one of the DeFi projects under Ethereum with a market cap of 1.17 billion dollars, currently ranked 72 on CoinMarketCap.

📅 Daily Timeframe
In the daily timeframe, CRV has a very important support zone, and right now the price is trading near this area.

✔️ The overall trend of CRV can currently be considered bullish because the main highs and lows it has formed are higher highs and higher lows, and at the moment, the price is in the corrective phase of this trend.

⚡️ If the support zone is broken, this corrective phase will deepen, and the price could move toward lower levels. The main supports for this coin in the daily timeframe are 0.497 and 0.349.

💥 Considering the ongoing bullish trend, long positions are currently more logical. If CRV gets supported at this zone, we can look for triggers in lower timeframes to open positions.

📈 The main triggers for long positions on this coin are the breakouts of 1.086 and 1.2502.

📝 Final Thoughts

Stay calm, trade wisely, and let's capture the market's best opportunities!

This analysis reflects our opinions and is not financial advice.

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Disclaimer

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