CRDO: Is the $205 Support Zone the Next Reversal Area?Credo Technology Group Holding Ltd.NASDAQ:CRDOsedatonatCRDO remains under strong selling pressure, with the short-term downtrend still intact. The stock has broken below key support levels and continues to trade inside a bearish structure. As long as price stays below the descending resistance, further downside cannot be ruled out. My focus is now on the $205-$210 area, which represents a major confluence zone: • Long-term ascending channel support • Historical demand zone • Potential institutional accumulation area However, I would not blindly buy this level. A high-volume reversal, bullish price action, or a trend break would be needed to confirm a bottom. Until then, patience remains the best strategy. Key Levels: 🔹 Support: $205-$210 🔹 Resistance: $245 / $260 🔹 Trend: Short-term Bearish Do you think CRDO will hold the $205 support zone? Not financial advice.