【$CRV Signal】Two-way Order Book Battle! 1H Triangle Convergence at the End, Waiting for Breakout

$CRV The 1H timeframe is at the very end of an extremely converged triangle pattern, with price oscillating narrowly between 0.249-0.253. The 4H timeframe remains in a weak consolidation within a downward channel, but the buy order depth (bid_ask_ratio_depth: 1.32) indicates strong support below. Open interest (OI) is stable, price has fallen but without triggering large-scale liquidations, possibly indicating bullish accumulation or a bearish trap. Volatility is about to increase—get ready to strike!

🎯Direction: Wait and see (Two-way orders )

⚡Breakout Long Entry: 0.2535 - 0.255 (Reason: Breaks above the 1H triangle upper boundary and EMA20_1h resistance, confirming short-term bullish momentum )

⚡Pullback Long Entry: 0.245 - 0.247 (Reason: Rebound to the previous low support zone on the 4H timeframe and dense buy order cluster )

🛑Long Stop Loss: 0.243 (Reason: Breaks below key support zone, invalidating structure )

🚀Long Target 1: 0.260 (Reason: Resistance at the bottom of the previous 4H consolidation platform )

🚀Long Target 2: 0.268 (Reason: Potential W-bottom neckline on the 1H timeframe and previous high points )

🛡️Trade Management:

- Position Size Suggestion: Light (Reason: Market direction is unclear, this is a speculative setup with higher risk )

- Execution Strategy: When either order is triggered, the other is automatically canceled. After reaching Target 1, reduce position by 50% and move stop-loss to entry price. If price cannot quickly move away from the cost area and falls back to entry, consider closing the position.

Depth Logic: Current market logic suggests “price decline combined with position volume analysis,” but open interest remains stable, indicating it’s not a major liquidation. The 1H RSI(42.47) is in a neutral-weak zone, leaving room for a rebound. The order book depth imbalance of 13.86% favors sellers, but there is a massive buy order accumulation in the 0.24-0.245 range, forming a solid defense line. This is a typical end-of-consolidation feature, waiting for a volume spike candle to determine the direction.

View real-time quotes 👇 $CRV

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