$CHR

/USDT Technical Analysis & Trade Signal💯🔥

Current Price: $0.2343

Trend: Bearish short-term (0.93% decline in 24 hours)

Technical Indicators:

1. RSI: Below 50, indicating weak momentum and a possible downtrend.

2. MACD: Bearish crossover, signaling further downside potential.

3. Support Level: $0.2262 (24h low)

4. Resistance Level: $0.2415 (24h high)

Trade Signal:

Sell signal with targets for short-term downtrend.

Entry Point: Around $0.2343.

Targets 🎯:

1. Target 1: $0.2260 (support zone)

2. Target 2: $0.2200 (next potential support)

3. Target 3: $0.2150 (key lower support)

Momentum:

Bearish momentum, suggesting price could continue to move downward toward the targets. Trade with caution if RSI shows oversold conditions.

Strategy:

Consider scalping or shorting at current levels with set stop-loss just above $0.2400.

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