CoreWeave, Inc.

CRWV – Testing Descending Resistance: Oct. 21-25

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Can Bulls Reclaim $145 or Is the Rally Fading? ⚠️

🟩 Daily Timeframe – Macro Structure and Momentum
CoreWeave’s daily structure shows a clear descending channel since June, with a recent breakout attempt that stalled near $148–$150. After that local top, price retraced back into the mid-range near $136–$138, where buyers are trying to defend short-term structure.
This region is key — a retest of broken resistance now acting as support. A successful hold here would keep the bullish reversal thesis alive. However, failure to defend $134 risks a deeper drop back toward the mid-channel base near $120.
Technically:
* MACD shows fading bullish momentum with histogram turning light red.
* Stoch RSI cooled from overbought and now sits near 35–40, suggesting potential for one more reset before any next leg higher.
* The pattern still favors a bullish continuation if price stays above $134–$136.
Critical zones:
* Support: $130 → $134
* Resistance: $148.9 → $155

🟦 1-Hour Timeframe – Short-Term Price Action
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On the 1-hour view, CRWV is fluctuating inside a tight horizontal range ($130–$145) with alternating CHoCH and BOS patterns — showing equal participation between bulls and bears.
Key takeaways:
* The last BOS occurred near $136, suggesting intraday structure recovery.
* Price has since been capped at the $141.7 supply zone, aligning with liquidity rejection from previous sessions.
* MACD is trying to curl back up after bottoming, while Stoch RSI remains in early recovery.
Short-term, a clean breakout above $141.7–$142.5 can attract momentum traders targeting $147–$150, while failure at that zone reopens the downside toward $130.3 (previous BOS retest).
Watch closely how price reacts between $136.5 and $141.7 — that’s the intraday battleground for control.

🟨 15-Minute Timeframe – Intraday Liquidity Rotation
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The 15-minute chart reveals a micro descending wedge forming after several CHoCH–BOS sequences, showing a compressed structure between $129–$141.
Price printed a BOS at $136, followed by a minor CHoCH, meaning bulls are testing control but losing momentum into Friday’s close. The short-term pattern likely plays out with a liquidity sweep below $134–$135, then a quick reversal if buyers absorb it.
Indicators:
* MACD shows mild bullish divergence — histogram rising while price holds flat.
* Stoch RSI resetting near oversold, suggesting possible relief bounce ahead.
If price reclaims $137–$138, expect short-term scalps toward $141.7, while loss of $134 exposes $130.3–$127 zone.

🟥 GEX (Gamma Exposure) & Options Sentiment
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The GEX map shows how dealers are positioned:
* Highest call resistance (positive GEX): $145–$153
* Highest put support (negative GEX): $129–$120
* Neutral gamma band: $134–$140 — where most hedging flow stabilizes.
* Max Pain: Around $135, suggesting pinning potential early week.
Dealer flows currently neutral to slightly long gamma, which implies controlled volatility and mean reversion bias early week. A break over $145 could flip gamma short — triggering a momentum extension toward $150–$155 if volume confirms.
Implied Volatility Readings:
* IVR: 37.5
* IVX avg: 34
* Current IV slightly elevated but not extreme — moderate volatility pricing, meaning breakout potential is intact.

🎯 Trade Scenarios
Bullish Setup 🟢
* Entry: Above $141.8–$142.5 confirmation breakout
* Targets: $147 → $150 → $153
* Stop: Below $135.5
* Confluence: MACD bullish crossover + RSI > 55

Bearish Setup 🔴
* Entry: Breakdown under $134.5 or rejection from $141.7
* Targets: $130 → $125
* Stop: Above $142.5
* Confluence: MACD turning red + lower EMA slope

🧭 Closing Outlook – Week of Oct 21–25
CRWV is at a technical inflection zone, coiling just below a key resistance while testing reclaimed trendline support. This structure usually leads to a volatility expansion week.
If bulls defend $134–$136, expect a rebound attempt toward $145+. A failure there shifts control back to sellers, dragging price toward $127–$130 where larger gamma support sits.
With balanced options flow and fading volume, patience is key — wait for clean breakouts or liquidity sweeps before entry.

Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk.

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