$CHR

/USDT Technical Analysis

The current price of CHR is $0.2547, showing a 5.51% increase in the last 24 hours. Here's a closer look at the market dynamics:

Key Levels:

Resistance: $0.2700

Support: $0.2100

24H Performance:

High: $0.2694

Low: $0.2097

Volume: 63.02M CHR / 14.52M USDT

Analysis:

CHR has been riding an upward trend after testing its 24H low of $0.2097. The price is currently consolidating near $0.2547, with bullish momentum suggesting a potential breakout above $0.27 if the buying pressure persists. However, if the market cools, $0.21 could act as a strong support level.

Outlook:

Watch for significant movements around $0.2600 in the short term. A close above $0.27 could open the path to further gains, while a break below $0.21 may indicate bearish sentiment.

Stay tuned for updates and manage your trades carefully on Binance!