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Look at $CRV trying to pull a fast one on us.
It felt like it was finally gaining some momentum, but that red candle today just wiped out a good chunk of the recent progress. We’re at 0.2322 and the price is basically stuck in no man's land between the recent low of 0.20 and the resistance up near 0.25.
If you look at the structure, we’re still just bouncing around in a broad range. The bulls really need to hold this 0.228 area or things could get ugly again. Volume is decent but most of it is selling pressure right now, which isn't exactly a great sign for a quick recovery.
The order book shows more buyers waiting lower down around 0.231, but the sellers are keeping the lid on it for now. I’m not touching this until it decides if it wants to reclaim 0.24 or retest the bottom.
Anyone else getting tired of this chop or are you seeing a setup I'm missing?
#WCTCTradingChallengeShare8MUSDT