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Curve DAO (CRV) rallies toward $0.30 resistance level
Curve DAO (CRV) has experienced a bullish rally, gaining nearly 25% since the start of the month. After breaking out of a consolidation range between $0.18 and $0.21, the token has moved toward a key resistance zone between $0.26 and $0.29.
Market data indicates increasing trader exposure, with open interest rising toward approximately $72.5 million. This surge in open interest, combined with a long/short ratio favoring long positions at roughly 58.3%, suggests fresh capital is supporting the upward momentum.
Large-scale holders, or whales, appear to be active near current price levels. While the rally has faced repeated rejections in the $0.26–$0.29 supply zone, a decisive move above $0.29 or $0.30 could signal that buyers have absorbed the selling pressure, potentially opening the path toward $0.33.