CRO Technical Analysis in Weekly Timeframe.

27 Tem

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Now, let’s dive into this chart analysis:

CRO is trending below the resistance trendline and the 50 EMA. Currently, it is holding good support at $0.081, but it still looks critical. If the rejection continues from the CMP, we are likely to see CRO testing the support trendline at $0.061.

For a bullish confirmation, CRO needs to break above the 50 EMA and the resistance trendline.

Key levels:

- Primary Support/Entry 1: $0.081 to CMP.
- Lower Support/Entry 2: $0.05 to $0.061.
- Resistance: $0.107.
- Long-term Target: $0.95 to $1.
- Invalidation Point: A close below the support trendline.

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