CRO price is in an interesting spot. seems to be heavily influenced by leveraged traders, sticking to these levels like glue.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
while it appears to be breaking out above the downtrend line, i'm still leaning short here with the confluence of 3x shorts ramping up, 4x longs off the table, and potential resistance retesting the prior bull channel.
a breakout above $0.65 would be tempting to buy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.