CRCL (4H) — Price was rejected in the 160s and pulled back to the rising trendline, still holding above 124 support. Current range: RES 165 vs. SUP 124; momentum remains constructive while the trendline holds.
Institutional read: Distribution overhead at 165-190 (supply). Absorption/accumulation around 110-124, with weekly demand near 95 and a structural double bottom at 65.
Upside targets: 165, then 190
Downside targets: 124, then 110
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