Curve DAO Token (CRV) surged over 10% to surpass $0.24, driven by a broader altcoin rally following a Bitcoin bounce. Despite this uptick, CRV remains below its 50-day and 100-day EMAs, indicating a cautious market outlook. The token's recent rise is seen as a rebound rather than a trend reversal, with traders eyeing potential resistance at $0.40-$0.45. On-chain activity and social sentiment around CRV remain weak, with perpetual futures funding rates negative, suggesting skepticism persists. Immediate support is at $0.22, with further downside risk to $0.20 if selling pressure intensifies. Bulls need a sustained close above $0.24 to target higher levels, but broader market uncertainties continue to weigh on risk appetite.