CRV Price Hangs by Thread as Whales Load Up Longs

Curve (CRV) is holding onto $0.30 after a 4.14% drop in the last 24 hours, but momentum has come to a complete standstill.

The daily high of only $0.32 shows that the market couldn't sustain its early session bid, and price has slipped back below the 7-day SMA at $0.32, which has flipped from dynamic support to overhead resistance.

The key level to watch is $0.29, where a single confluence zone stands between CRV and a potentially ugly leg lower.

Whales are quietly loading longs while retail leans short, with top trader long/short positioning at 53.2% long, meaning smart money desks have taken the opposing side of the retail bet.