$CHR has declined by 5.012% in the last 24 hours, trading between a high of 0.0909 and a low of 0.0788. The price is currently testing the lower Bollinger Band at 0.0782, suggesting potential oversold conditions and the possibility of a bounce.
Support is seen at 0.0788, while resistance remains at 0.0909. With volatility contracting, traders should be cautious of sudden price movements.
Consider setting a stop-loss just below 0.0788 to mitigate risk.
Currently, it's advisable to wait for confirmation of a reversal before taking action.
