CRV Price Suffers Warning Sign as Bulls Hesitate at the Door

CRV, the token for Curve Finance, has been gaining traction in recent times due to its nearly 57% increase from $0.23, $0.25 range to current levels near $0.36.

This move is attributed to the DeFi correlation trade, where stablecoin infrastructure plays like CRV tend to catch a delayed bid when Bitcoin steadies and majors stop bleeding.

However, despite this bullish positioning, the price dropped 3.21% in the last 24 hours, indicating a warning sign.

The technicals are screaming caution at current levels, with momentum flatlined and an RSI pushing 68, suggesting that CRV is skating toward overbought territory without sufficient volume conviction.