Curve DAO's CRV token dips 2.35%, faces resistance at $0.266, signaling continued downtrend potential.

Curve DAO's CRV token dropped 2.35% with a decline in open interest and trading volume after being rejected at the key $0.266 resistance level. Technical indicators suggest slowed momentum but no clear bear dominance yet. Traders are advised to consider short positions with caution due to potential short liquidation squeezes near $0.26-$0.27. Overall, CRV appears set to continue its bearish trend following this resistance rejection.