CRO: Resistance Breakout

COINBASE:CROUSDT Coin / Tether (CRO) technical analysis:

Trade setup: Bullish breakout above 200-day moving average and Down Trendline (see chart) could signal trend reversal, with upside potential to $0.10.

Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.

Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).

Support and Resistance: Nearest Support Zone is $0.055. The nearest Resistance Zone is $0.075, which it broke, then $0.100, and $0.125.


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