CRVUSDT Analysis by @pipsnipers

The analysis focuses on CRVUSD, Curve DAO Token. It starts at 0.71. The analyst identifies a trendline break, suggesting longs were stopped out, followed by shorts being stopped out, a common market manipulation pattern. The analysis suggests a daily close above 0.724 would indicate further upward movement, potentially reaching a supply zone between 0.99 and 1.07, specifically the 702 fibonacci level at 1.04. There will be a drop around 4.24 before a move back to 1.73 in the bare market, and the analyst recommends taking profits around 1.04. The analyst uses logarithmic scale to assess rejection points at the supply zone from 2022 and 2023. The chart shows a wave five structure.