Curve DAO Token
Support: The price appears to have found a support level around $0.25, as it's been consolidating above this level for the past few weeks.
Resistance: The next key resistance level is around $0.35, which aligns with previous highs made in mid-August.
Volume spikes are noticeable during sharp declines, particularly in mid-June and mid-August, which shows that traders were selling at a significant rate during these periods.
Short-Term Outlook: The price is in consolidation between $0.25 and $0.35. A break above or below this range could signal the next directional move.
Bullish Scenario: A break above $0.35 with high volume could signal a reversal or a rally, with the next target being the $0.50 range.
Bearish Scenario: A break below the support level of $0.25 could lead to further downside, potentially targeting the $0.18-$0.20 range.