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$CRCL Recovery Looks Weak — Is 78.70 the Next Target?



$CRCL SHORT SETUP 📉

Entry: 81.80–82.20
SL: 82.80
TP1: 80.80
TP2: 80.13
TP3: 78.70
Extended Target: 77.50

Trigger: 1H bearish rejection from the entry zone.

Invalidation: 1H close above 82.80.

$CRCL is recovering from 78.70, but the broader downtrend remains intact after the sharp rejection from 85.88. Sellers could return around 81.80–82.28. If the recovery fails, another decline toward 80.13 and 78.70 becomes possible.
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CRCLCRCL-1.70%


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FundingRatePlayer
an hour ago
TP3 took it straight to 78.70—shorts have quite an appetite
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RarityInsider
an hour ago
Setting the SL at 82.80 is pretty reasonable; if it breaks the previous high, admit you were wrong
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L2Cat
an hour ago
If the 1H bearish rejection plays out, ride the move short-term
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NightOwlTrader
an hour ago
First Review
There is indeed strong resistance in the 81.80–82.20 range, and a rebound to this level could easily produce a wick
0View Original