$CRCL has reached a major historical zone around 110–114, and this level has already proven its importance multiple times on the chart.

Previously, this region acted as strong support, and when price held above it, the market pushed aggressively toward 158. But once that support was lost in November, the structure flipped — the breakdown triggered a heavy selloff that dragged price all the way down to 48.

Now price has climbed back into that exact zone again.

What makes this interesting is the recent behavior. About four days ago, #CRCL attempted to move above this region but faced rejection. However, the market quickly recovered from the 95 area, showing strong buyer interest and momentum returning into resistance.

Technically this creates a key decision area.

If price manages to hold above 110–114 and build support there, the structure shifts bullish again. In that case, the next upside liquidity zones sit around 125, followed by 136, which previously acted as distribution levels.

But if price fails to sustain above this region, it confirms that the zone is still acting as resistance. That scenario could push price back toward 95, and if selling pressure increases, a deeper retracement toward 80 becomes possible.

So this level is essentially a flip zone.

Hold above 110–114 → continuation toward 125–136.
Reject or lose the level → downside toward 95–80.

The next few daily candles around this zone will likely define the next major direction.