Crispr Therapeutics (CRSP) has been on a strong bull run since the end of 2017 when price broke above $20 and continued to almost $74 in May this year. After an almost 4x rally, CRSP has been in a sharp correction as we can see on the daily chart. CRSP Daily Chart(click to enlarge) Support Area:- After price broke above a triangle consolidation period, the central pivot or essentially the middle of the triangle can be seen as support.- Indeed, we saw some buying in this $51-$55 area. - We might still get some choppiness here, but if price can hold above $52 at the close of this week, we can still consider the general market bullish. - Furthermore, the RSI should hold above 40 if the prevailing bullish momentum is still intact. - A break below $50, with the RSI falling towards 30 would be a sign that we are in a major correction. - In this scenario, we can anticipate further bearish correction towards $44, or even $40. - For now, I would respect the support around $51-$55. Ability to climb back above $60 would be a good sign for the bullish outlook as well.