$CRV Recent Price Performance:
Monthly High: Approximately $0.438 (Jan 15)
Current Range: $$0.32 - $$0.35
Trend: After hitting a local top in mid-January, CRV entered a downward channel, retracing most of its early-year gains. It is currently testing support levels established in late December.
Technical Outlook
Support Levels: The primary support zone lies between $0.30 and $0.33. Holding this level is critical to avoid a slide toward the 2024 lows.
Resistance Levels: Immediate resistance is found at $0.41 (the 20-day EMA). A decisive breakout above $0.44 would be required to shift the mid-term structure from bearish to bullish.
Indicators: The Relative Strength Index (RSI) is currently in the neutral-to-oversold territory, suggesting that the selling pressure may be reaching an exhaustion point.
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