CRV:Bullish Breakout Potential! Keep an Eye on Resistance Levels

πŸ’Ž CRV is poised to break out of a resistance level, which would be considered bullish as it signifies a potential breakout of both a W pattern and a descending channel.

πŸ’Ž If CRVUSDT successfully breach the resistance level, the next targets could be expected towards the subsequent resistance levels. In case of a pullback, a bounce from the demand area can be anticipated, especially if accompanied by proper bullish candlestick patterns within the demand zone.

πŸ’Ž However, if CRVUSDT breaks down below the demand level, it would be advisable to exercise caution and consider ignoring it in that scenario. This decision is based on the premise that a breakdown below the demand level may indicate underlying weaknesses in the asset, potentially leading to further downward movement.

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