Cronos CRO technical analysis

CRO trades at $0.057496, up 6.89% in 24 hours, with RSI14 at 56 on the 4h and 60 on the 1D. Price holds above the 4h SMA20 of 0.055413, though the daily trend is mixed with SMA200 at 0.0647614 overhead.

The active battle is between 4h support 0.05705-0.05761 and 4h resistance 0.0579437-0.0581163. Support has seen 5 touches versus 3 on resistance, putting price in a consolidation zone just below the upper barrier. Daily supports at 0.0570898-0.0572622 (3 touches) and 0.0561723-0.0563447 (2 touches) sit beneath.

Bulls need a sustained close above 0.0579437-0.0581163 to target 0.0585798-0.0587522 resistance. Bears must push below 0.05705 with volume to expose 0.0560637-0.0562363, then 0.0549876 SMA20 daily support.