$CHR /USDT BEARISH REVERSAL ALERT 🔻
CHR has faced rejection from the 0.0982 high and is showing early signs of exhaustion after a sharp upward rally. The strong red candle at the top signals selling pressure, raising the risk of a short-term pullback if momentum fails to reclaim recent highs.
Trade Setup:
Entry Zone (Short): 0.0975 – 0.0980
Take Profit 1: 0.0955
Take Profit 2: 0.0935
Take Profit 3: 0.0915
Stop Loss: 0.0990
Key Levels:
Resistance: 0.0982 / 0.1000
Support: 0.0955 / 0.0915
Market Outlook:
After a strong rally, CHR is vulnerable to correction. If price stays below 0.0980, bears may take control, dragging it down towards 0.0915 in the short term.
