$CHR /USDT – Rejection at the Top: Short Setup in Play!

Price: $0.0838 (+1.58%)

$CHR faced a firm rejection near $0.0867, forming a double top with bearish candles now taking the lead. Sellers are gaining control—short opportunity brewing.

🔑 Key Levels

• Resistance: $0.0865 – $0.0880

• Support: $0.0820 / $0.0785

• Breakdown Trigger: Below $0.0830

📉 Short Trade Setup

• Entry Zone: $0.0835 – $0.0845

• Targets:

 • TP1: $0.0820

 • TP2: $0.0790

 • TP3: $0.0760

• Stop Loss: $0.0872

📊 Market Insight

Failed breakout attempt and rising selling pressure signal a momentum shift. A confirmed break below $0.0830 could accelerate downside action as bulls retreat.