Cronos CRO technical analysis

CRO trades in a downtrend: 1D RSI14 28 is oversold while 4h RSI14 43 shows weak momentum, and price sits below the 1D SMA20 0.05149 and 4h SMA20 0.048351.

The active battle is at 0.0469606-0.0471034 (1 touch) on the 1D, with 4h support 0.0468586-0.0470014 (1 touch) just beneath. Overhead, 4h resistance 0.0476586-0.0478014 (1 touch) and 1D resistance 0.0482636-0.0484064 (1 touch) cap rebounds.

Bulls need acceptance above 0.0482636-0.0484064 to challenge the 1D trendline ~0.0498636 (2 touches). Bears need a break of 0.0469606-0.0471034 toward 0.0460376-0.0461804 (2 touches).