$CHR

/USDT Technical Analysis and Trade Signals

Current Price: $0.36

24h Change: +28.39%

Technical Indicators:

Support Level: $0.2615 (Recent 24h Low)

Resistance Level: $0.3662 (Recent 24h High)

Momentum: Bullish (Strong upward movement)

RSI: Likely to be approaching overbought territory (needs confirmation from a technical chart)

MACD: Positive momentum, indicating a continuation of bullish trend

Trade Signals:

1. Buy Signal: Entry near $0.36 with target price of $0.3748 (First target)

2. Buy Signal: If price breaks above $0.37, move up to $0.40 (Second target)

3. Hold: Watch for a pullback towards $0.32 to $0.30 as a potential entry point for higher targets.

Trade Momentum:

Strong buying pressure and momentum suggest the continuation of the uptrend in the short term. However, be cautious of potential pullbacks. Monitor key levels for breakouts or reversals.

Risk Management: Set stop-loss at $0.32 to protect from unexpected downswings.

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