🧠 
CRWV – Technical Analysis (Daily Timeframe)
CoreWeave is currently trading at $104.14, sitting at the lower end of a well-defined descending channel after a steep selloff (-8.75% today). Volume is spiking, suggesting growing interest — whether that's accumulation or distribution is the key to watch next.
📉 Descending Channel Breakdown
Upper trendline = breakout trigger
Lower trendline = breakdown trapdoor
🟡 Midline of the channel = key decision zone (dynamic resistance/support)
Acts like a battlefield: bulls want to flip it, bears want to reject it.
CRWD has been respecting the midline as resistance — until price reclaims and holds above it, trend remains bearish.
If we break above the midline with volume, that’s early confirmation of strength before even touching the top of the channel.
🟢 Long Setup (Breakout Play)
Trigger: Break & close above channel top (~$110+)
Confirmation: Reclaim midline, convert it to support
Targets:
$120 local supply
$140 minor inefficiency
$186 gap-fill + key supply zone
🔴 Short Setup (Breakdown Play)
Trigger: Break & close below lower trendline (~$100 or under)
Confirmation: Fail to reclaim midline on bounce
Targets:
$85 psychological zone
$64.82 demand level
📊 Indicators
MACD: Bearish, but curling. A bullish cross on a midline reclaim = fuel.
RSI: Near oversold, showing early divergence = potential bounce
Volume: Big pop today — first real signal buyers/sellers are clashing hard.
🎯 Key Takeaway:
✅ Break & close above midline → early strength
✅ Break & close above channel → CONFIRMED BUY
❌ Close below lower channel → HIGH-PROBABILITY SHORT
❓ Rejections at midline → continue fading pops until proven wrong
CRWV – Technical Analysis (Daily Timeframe)CoreWeave is currently trading at $104.14, sitting at the lower end of a well-defined descending channel after a steep selloff (-8.75% today). Volume is spiking, suggesting growing interest — whether that's accumulation or distribution is the key to watch next.
📉 Descending Channel Breakdown
Upper trendline = breakout trigger
Lower trendline = breakdown trapdoor
🟡 Midline of the channel = key decision zone (dynamic resistance/support)
Acts like a battlefield: bulls want to flip it, bears want to reject it.
CRWD has been respecting the midline as resistance — until price reclaims and holds above it, trend remains bearish.
If we break above the midline with volume, that’s early confirmation of strength before even touching the top of the channel.
🟢 Long Setup (Breakout Play)
Trigger: Break & close above channel top (~$110+)
Confirmation: Reclaim midline, convert it to support
Targets:
$120 local supply
$140 minor inefficiency
$186 gap-fill + key supply zone
🔴 Short Setup (Breakdown Play)
Trigger: Break & close below lower trendline (~$100 or under)
Confirmation: Fail to reclaim midline on bounce
Targets:
$85 psychological zone
$64.82 demand level
📊 Indicators
MACD: Bearish, but curling. A bullish cross on a midline reclaim = fuel.
RSI: Near oversold, showing early divergence = potential bounce
Volume: Big pop today — first real signal buyers/sellers are clashing hard.
🎯 Key Takeaway:
✅ Break & close above midline → early strength
✅ Break & close above channel → CONFIRMED BUY
❌ Close below lower channel → HIGH-PROBABILITY SHORT
❓ Rejections at midline → continue fading pops until proven wrong
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.