$CHR /USDT – RESISTANCE TEST ZONE! ⚠️
$CHR is showing weak momentum, trading at $0.0757 (+0.53%), and sitting just below the Parabolic SAR resistance ($0.0767).
The MACD remains negative, signaling that sellers still hold short-term control as the price tests this key resistance area.
🎯 Trade Signal & Analysis
· Current Signal: ⚖️ NEUTRAL → BEARISH BIAS
· Action: ⏳ WAIT for Breakout or Rejection
Bullish Scenario:
🟢 Buy on a break above $0.0767
🎯 Targets: $0.0789 → $0.0812 (24h High)
🛑 Stop Loss: Below $0.0750
Bearish Scenario:
🔴 Short if rejected at $0.0767
🎯 Targets: $0.0740 → $0.0732
🛑 Stop Loss: Above $0.0775
📊 Reasoning:
CHR is at a critical decision point — the SAR level at $0.0767 acts as a strong resistance ceiling.
A clean breakout could trigger a short squeeze to new highs, while a rejection here may confirm another leg down.
$CHR #USDT #TradingSignal #BreakoutWatch #BearishBias #Resistance
