$CRV is still stuck inside a clean descending channel.

Price just reacted from the lower support, giving a short term bounce, but this is only relief, not strength yet. Sellers still control the structure.

As long as price stays below channel resistance, the trend remains bearish. Any upside here is corrective, not a reversal.

The real shift only happens if CRV breaks above the channel, then reclaims the highlighted supply zone with acceptance. That is where structure flips and momentum can change.

Until then, rallies are suspect and pressure stays to the downside.

Watching this level closely.