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$CRO The Macro Context
We are back at the $0.069 zone, a level that has historically served as a primary accumulation floor.
While the short-term price action is a slow bleed and we could obviously still see a deeper sweep, looking at the bigger picture, we are testing a major point of interest.
For those with a long-term horizon, these levels represent significant value in the overall cycle.
I’m watching for a base to form here to confirm the sell pressure is drying up, but I'm staying objective.
At this stage, it’s about identifying value while respecting the trend.
Patience is key for the long-term play.
NFA.