$CHR /USDT BEARISH PULLBACK – BUYERS LOSING MOMENTUM
$CHR failed to sustain its rally after reaching 0.1082 and has since retraced sharply, now consolidating near 0.1000 support. The repeated rejection from higher levels shows that bears are stepping in, and if support breaks, the pair could see further downside movement.
Trade Setup:
Entry (Short): 0.1010 – 0.1015
Take Profit 1: 0.0995
Take Profit 2: 0.0980
Stop Loss: 0.1035
Market Outlook:
Momentum is shifting bearish in the short term as the trend weakens. If 0.1000 fails to hold, sellers could push price toward deeper supports. Bulls need to reclaim 0.1030 to regain control.
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