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Curve CRV Pulls Back 9% After Bullish Breakout, Tests Critical Support Zone
Curve CRV Pulls Back 9% After Bullish Breakout, Tests Critical Support Zone
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Curve CRV News -
Curve's CRV token dropped 9.19% to $0.93, retreating from yesterday's $1.04 peak following last week's 79% surge. The correction reflects healthy profit-taking after a dramatic short squeeze and regulatory-fueled rally shattered the psychological $1 resistance on July 25th.
Technical indicators show bearish momentum developing despite the overall uptrend, with MACD divergence now manifesting as selling pressure. Traders appear to be securing profits after the token's strongest weekly performance in months established higher highs and overcame key resistance levels.
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