$CHR

/USDT Technical Analysis

The CHR/USDT pair has experienced notable volatility in the past 24 hours, currently trading at $0.2703, reflecting a 14.68% decline from its daily high of $0.3242. The price has bounced off the low of $0.2680, indicating potential support around this level.

Key Levels:

Resistance: $0.3242 (24h High)

Support: $0.2680 (24h Low)

Market Behavior:

The pair is currently in a slight downtrend, with recent price action showing a minor dip of -0.15%. The price is hovering near the support level at $0.2700, suggesting that if buying pressure increases, we could see a potential reversal or consolidation within the current range.

Volume Analysis:

24h Volume (CHR): 45.78M

24h Volume (USDT): 13.24M

With a decrease in momentum and reduced volume, CHR/USDT may continue to face resistance at higher price levels until a breakout occurs. Keep an eye on the support at $0.2680 for potential buying opportunities, while $0.3242 remains the key resistance for bulls.

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