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$CRO is showing signs of a potential bullish reversal on the 1H chart. The price has formed an Inverse Head & Shoulders pattern, with support holding strongly around the $0.25–$0.26 zone (the “Head”).
At the moment,
$CRO is trading near $0.308, just below the key neckline resistance around $0.315–$0.320. A clean breakout and hold above this level could confirm the reversal and open the door for further upside.
Immediate Support: $0.28
Strong Support Zone: $0.25–$0.26
Resistance Levels: $0.32 (neckline), $0.34, and then $0.38
If
$CRO breaks above $0.32 with strong momentum, the pattern suggests a potential move toward $0.38, aligning with the recent high. On the flip side, failure to break the neckline could trigger a retest of the $0.28 zone before deciding its next direction.
