Curve DAO Token
Short

Curve DAO Token

183
  • The price has recently tested the lower Bollinger Band, suggesting oversold conditions or potential support around the $0.27 level.
  • The price is consolidating in a tighter range over the last few months, suggesting that a breakout could be approaching. Watch for movement beyond the Bollinger Band upper or lower boundary.
  • Support: The area around $0.27 appears to act as short-term support, coinciding with the lower Bollinger Band.
  • Resistance: Immediate resistance is around $0.30 (recent highs and middle of the Bollinger Band), with stronger resistance around $0.35.
  • Short-term Trend: Bearish, with the price near the lower Bollinger Band, indicating the possibility of a bounce or continued downward pressure if it breaks below.
  • A break below $0.27 could trigger a deeper sell-off.
  • A sustained move above $0.30 (and the moving average) may signal the start of a reversal or consolidation phase.

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