Cronos CRO technical analysis

CRO trades up 2.65% at $0.060229, with 4h RSI14 at 66 showing upward momentum against a mixed daily trend where price sits above SMA20 but below SMA200.

Price is battling the 4h resistance zone of 0.0601901-0.0603699, touched once, with the next barrier at 0.0618901-0.0620699. The 4h support trendline at ~0.0573745 holds three touches, while the 0.05705-0.0586 area has seen 13 touches.

For bulls, a sustained hold above 0.0601901-0.0603699 opens the path to 0.0618901-0.0620699 then 0.0625201-0.0626999. Bears need to defend that first resistance and push price back below 0.0597101-0.0598899 to test the rising trendline and the 13-touch zone below.