$CHR AINBASE/USDT – BEARISH REVERSAL LIKELY AFTER HYPE SPIKE ⚠️📉
🔹 Current Price: $0.1601
🔸 Resistance Levels: $0.1701 🚧 | $0.2017 🔼
🔸 Support Levels: $0.1385 🛡 | $0.1069 | $0.0753
Chainbase pumped +190% and is now showing early signs of exhaustion. Price failed to hold above $0.17 and is consolidating below the upper Bollinger Band. MACD and volume divergence suggest a short-term correction is probable.
📊 TRADE SETUP – SHORT POSITION
🚨 Entry: $0.1580 – $0.1700
🎯 TP1: $0.1380
🎯 TP2: $0.1070
🎯 TP3: $0.0750
❌ SL: $0.2020
🛡 Risk Management: Use 2–4% capital per trade. Secure profits with trailing SL. Avoid emotional entries after pumps! 🧠📉
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