$CHR REJECTED AT RESISTANCE – SHORT SETUP ACTIVE 🔥
Entry: 0.01435 – 0.01445 🔥
Target: 0.01420 🚀
Stop Loss: 0.01456 ⚠️
CHR failed to hold above the $0.01435 resistance zone on lower timeframes, confirming the sellers' grip. Price is now trading below this level with increasing bearish pressure as the earlier rejection was sharp and clean. The next support cluster sits around $0.01405–$0.01410, offering a reasonable risk-to-reward window.
Momentum is fading on the 15-minute chart, and volume is shifting toward the ask side. Will this rejection trigger a full breakdown, or is a retest of resistance still in play?
Not financial advice. Always manage your risk.
#CHR #ShortSetup #ResistanceRejection #Bearish #Crypto
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Entry: 0.01435 – 0.01445 🔥
Target: 0.01420 🚀
Stop Loss: 0.01456 ⚠️
CHR failed to hold above the $0.01435 resistance zone on lower timeframes, confirming the sellers' grip. Price is now trading below this level with increasing bearish pressure as the earlier rejection was sharp and clean. The next support cluster sits around $0.01405–$0.01410, offering a reasonable risk-to-reward window.
Momentum is fading on the 15-minute chart, and volume is shifting toward the ask side. Will this rejection trigger a full breakdown, or is a retest of resistance still in play?
Not financial advice. Always manage your risk.
#CHR #ShortSetup #ResistanceRejection #Bearish #Crypto
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