CRV / TetherUS

Curve (CRV) Structure Analysis (1D)

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CRVUSDT formed a rounded bottom (cup) and a minor rectangle, and it's currently attempting to break above the local $0.83 resistance.

Key Levels to Watch
• $0.64: Current support and minor rectangle lower boundary
• $0.83: Current resistance, cup and rectangle upper boundary
• $1.00: Measured target from the minor rectangle pattern
• $1.30: Measured target from the cup pattern (within a key supply zone)

Other Important Levels
• $0.20: Key demand zone, and 2024 low
• $0.40-$0.50: Key S/R dating back to November 2022, aligned with the cup bottom
• $1.20-$1.30: Main supply zone, dating back to February 2023

A daily close above $0.83 with volume would confirm the breakout and trigger the targets.

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