Cronos fell toward $0.05609 on October 22, erasing much of its recent recovery after reaching close to $0.070 in late September. Buyers are defending a support area between $0.055 and $0.056, but the recovery remains constrained by resistance between $0.058 and $0.060. According to Tokenomist, 1.2 billion CRO, representing about 2.3% of circulating supply, were unlocked on October 17, with a comparable amount scheduled for November 16. These unlocks do not indicate that the tokens were sold, and the price decline began before October 17. A close around $0.055 could expose CRO to a drop toward $0.053-$0.054, while holding above $0.060 could revive the $0.065 target.
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