$CHR /USDT Analysis: Bullish Momentum Gaining Strength! ๐
Current Price: $0.2592 (+14.94%)
The $CHR /USDT pair is showing strong bullish momentum, currently testing a critical resistance zone around $0.2600. The 15-minute chart reveals consistent higher lows, reinforcing the upward trend.
Long Entry:
Entry Zone: $0.2620โ$0.2650 (on breakout confirmation)
Target 1: $0.2750
Target 2: $0.2850
Stop-Loss: $0.2530
Short Entry:
Entry Zone: $0.2570โ$0.2550 (if rejected at resistance)
Target 1: $0.2450
Target 2: $0.2300
Stop-Loss: $0.2680
Next Move:
A break above $0.2600 could trigger a strong surge toward $0.2750, fueled by increasing bullish volume.
If the price fails to sustain above $0.2600, a pullback towards $0.2450 is possible.
Watch the 24-hour high of $0.2694 for the next resistance level.
Tip: Secure partial profits at target zones and manage your stop loss carefully to stay in control of your trades.
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