$CHR is currently trading around 0.0405, down −1.46% in the last 24 hours. After a sharp intraday sell-off, price found strong demand near 0.0395, forming a clear bounce from support.
The sell pressure has slowed, and buyers are stepping back in.
On the 1H timeframe, we can see higher lows forming after the bounce, with bullish candles attempting to reclaim key short-term levels — a classic relief-rally / recovery setup.
Market Structure Insight
Strong rejection from 0.0395 (intraday bottom)
Recovery candles show buyers defending the zone
Price attempting to flip 0.0400–0.0405 into support
Momentum is rebuilding, but confirmation is still needed
This is early, not late — patience matters.
Trade Setup (Structured & Controlled)
Entry Zone:
0.0400 – 0.0406
Targets:
🎯 Target 1: 0.0415
🎯 Target 2: 0.0425
🎯 Target 3: 0.0440
Stop Loss:
0.0390 (below demand zone & wick support)
Breakout Confirmation
If $CHR breaks and holds above 0.0415 with rising volume, expect:
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