$CHR

/USDT Technical Analysis & Trade Signal

Current Price: 0.2425 USDT (+5.71% in the last 24 hours)

Technical Indicators:

Support Level: 0.2224 (24h low)

Resistance Level: 0.2425 (24h high)

Trend: Bullish – The price has recently shown upward momentum, crossing key resistance at 0.2425.

Volume: High volume (13.24M CHR traded in the last 24 hours), supporting the ongoing price movement.

Momentum: Positive, as reflected by the price increase of +5.71% in the last 24 hours.

Trade Signal:

Buy Entry: Above 0.2425 USDT (Breakout above resistance)

Target Levels 🎯:

1. Target 1: 0.2500 USDT (Short-term resistance)

2. Target 2: 0.2600 USDT (Next significant resistance level)

3. Target 3: 0.2700 USDT (Long-term bullish target)

Stop Loss: Below 0.2224 USDT (24h low)

Trade Momentum:

Bullish Momentum: As the price has been rising, the upward momentum is supported by the high volume. Watch for any breakout above the 0.2425 resistance to continue upward momentum.

Caution: If the price falls below 0.2224, the trend could shift bearish.

This analysis suggests a bullish continuation, with entry above 0.2425 and targets set at 0.2500, 0.2600, and 0.2700 USDT.

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