Binance Technical Analysis: $CHR

/USDT - Key Levels to Watch 🎯

The CHR/USDT pair has been on an impressive upward trend, showing a +24.21% rise in the past 24 hours. Let’s dive into the key technical levels to keep an eye on for the next potential moves!

Current Price: $0.3448

24h High: $0.3510

24h Low: $0.2615

Target 1: $0.3500

A strong resistance level has formed around $0.3500. A break above this level could trigger further bullish momentum, potentially pushing the price toward higher targets.

Target 2: $0.3600

If the upward trend continues, the next significant resistance at $0.3600 could provide a good point for a price consolidation or further upside break.

Target 3: $0.2700

On the flip side, if the market pulls back, $0.2700 acts as an important support level. A bounce from here could offer a buying opportunity for traders looking for a favorable risk-reward setup.