CRO is teasing a move that could trap both sides: an ironically named Bearish Bat is forming, and history says the CD leg often rallies before the pattern completes. With a rebound off $0.1360 and price pressing beneath the short-term barrier at the 50-hour MA (~$0.1473), the next decisive close may set the tone. If momentum carries, the Potential Reversal Zone (PRZ) near $0.1719–$0.1771 comes into play — where harmonic rallies typically stall or reverse.

What the chart is signaling

CRO’s 4H structure maps a textbook Bearish Bat: swing high at $0.1771 (X), drop to A, rebound to B, deeper correction to $0.1360 (C), and a fresh push higher — the early CD leg. Price is now hovering below the 50-hour MA (~$0.1473). A firm breakout and close above that zone often flips it to support, opening room toward the 0.886–1.0 Fib completion band at $0.1719–$0.1771.

Why it matters to traders

A mild risk-on backdrop — with BTC and ETH green — can fuel alt rotations. For CRO, a momentum shift through the 50-hour MA can become a liquidity magnet, while the PRZ is a historically tough supply pocket. That combination presents a clean map: momentum entry trigger, measured upside, and a clear invalidation.

Levels that matter

• Momentum trigger: 1H/4H close above $0.1473 with improving volume.
• Upside objective: PRZ at $0.1719–$0.1771 (typical Bearish Bat completion).
• Invalidation: Loss of $0.1360 (C low) on a closing basis weakens or invalidates the setup.

How to approach the setup (educational, not advice)

• Wait for confirmation: seek a clean close above the 50-hour MA and signs of demand (higher volume, tight post-break pullbacks).
• Trade the path, not the target: if breakout holds, consider scaling out as price approaches the PRZ; it’s where harmonic rallies commonly fade.
• Define risk first: pre-plan invalidation around the $0.1360 C-level and size positions so a stop-out is tolerable for your plan.
• Watch for reversal tells at PRZ: rejection wicks, momentum loss, or bearish divergences can signal a tactical exit or even a counter-trend scalp for experienced traders.

Key risks to respect

False breaks around moving averages are common; wait for confirmation to reduce whipsaw risk. A swift shift in BTC/ETH volatility can negate alt setups. Remember that harmonic patterns map probabilities, not certainties — failure to hold above breakout levels or a close below $0.1360 can prolong consolidation or trigger downside.

Bottom line

CRO is carving a potentially bullish CD leg within a Bearish Bat. The pivotal insight: treat $0.1473 as the near-term decision line. Above it, momentum can extend toward $0.1719–$0.1771; below it, patience and preservation of capital take priority.

If you don't want to miss any crypto news, follow my account on X.