CoreWeave Bounces Hard – $86 Holds, $90 Next?

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CoreWeave Bounces Hard – $86 Holds, $90 Next?CoreWeave, Inc. Class ABATS:CRWVDEXWireNewsCRWV trades at ~$85.81 (down -0.84% intraday on 1H chart), showing strong recovery after a steep correction. The stock rallied aggressively from mid-2025 levels to a peak near $153.18 in late 2025, before a multi-month pullback dropped it to lows around $78.67 in early 2026. Key observations: - Clear downtrend from Nov 2025–Feb 2026 formed lower highs/lows, but price decisively bounced off $78–$81 support. - Recent action broke the descending trendline, forming higher lows and reclaiming $85 zone with solid volume on up days. - Momentum flipped bullish; holding above the 50-period MA. Analytical buyer outlook: - Upside trigger: Hold $85–$86 and break $90–$92 (recent resistance) on volume — targets $100–$110 retest. - Support to defend: $81–$83 zone; break risks slide to $78–$80. - AI/cloud infrastructure tailwinds support the bounce. Verdict: Correction appears exhausted — bullish reversal underway. Buyers dominant near $85–$86. Constructive setup if $90 clears; bias positive.