CRV (swing setup) — Watching Liquidity Zone Reaction

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CRVUSDT is pulling back into a key liquidity zone around $0.60–$0.55. This area acted as prior resistance and is now being retested as support. A spike into this zone with a bullish reaction could offer a strong swing entry.

Setup:
🟩 Liquidity Zone: $0.60–$0.55
Look for liquidity sweep and reversal signal within this zone. Key confluence with S/R flip and HTF demand.

🚫 Invalidation:
• Daily close below $0.50 = setup invalid
• Final defense at $0.4010 (monthly support)

🎯 First Target: $0.90+
Clear resistance above, likely to act as first take-profit zone if reversal plays out.

Plan:
• Monitor lower timeframes for entry trigger inside liquidity zone
• Favor patience and confirmation — this is a high-R setup if structure holds

📌 Classic SFP setup at support — risk defined, upside open.
Nota
The chart played out as expected — price swept all local lows into the main liquidity zone ($0.60–$0.55), then reclaimed the range high with strong momentum.

This was the exact scenario highlighted earlier: liquidity sweep, followed by a sharp recovery. Structure remains bullish as long as we hold above the reclaimed support. First target at $0.90+ stays in play.

Now watching for continuation towards the target zone. If price revisits the support, looking for fresh confirmation to re-enter. Plan remains unchanged: invalidation below $0.50, with $0.4010 as the last defense.

Momentum is back on the bulls' side after this textbook SFP and reclaim.

Penafian

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