The Cronos (CRO) price is currently grappling with a crucial level of support at $0.083, reminiscent of the October selloff’s barrier. This pivotal point, marked by historical support, could dictate the token’s trajectory in the volatile cryptocurrency market. A potential bullish scenario emerges from an expanded flat correction pattern on the weekly chart, suggesting a C-wave upside potential if confirmed. Microstructures will play a crucial role in validating this bullish prediction. However, a bearish outlook points to downward pressure, with the price potentially breaking through the support zone and reaching $0.06 – aligning with long-term corrective pressures. The macro trend remains cautious as CRO’s price has been on a downward trajectory since its peak above $0.90 in 2021. Recent developments like enhanced staking rewards and cross-chain bridges offer optimism, but macroeconomic factors such as rising interest rates and regulatory hurdles remain headwinds. The RSI is hovering in neutral territory, without significant signs of overbought or oversold conditions. The immediate focus for traders is the upcoming support line, with a sustained hold above $0.083 signaling a short-term bounce toward $0.10. Conversely, a decisive break below could accelerate selling towards $0.06 and invalidate near-term bullish prospects.