chr

cr
short <line>pressure</line>: a 40% <line>drop</line> in the small whale <line>position</line> reversed <line>market</line> dynamics, creating a bullish reverse and short-term <line>strength</line>.
technical <line>strength</line>: the macd turns positive and the rsi returns to neutral 50, which supports upward momentum above the core support level of $0.0442.
whales' clash: the long whales show firm conviction, with losses from an average $0.0532 entry, which puts <line>pressure</line> on the shorts.
basic catalyst: the recent completion of the binance mainnet integration provides a positive fundamental backdrop for token's ecosystem.
technicals show bullish reversal
price action: chr is trading at $0.0454, which increased by 1.83% in 24 hours. despite this, it fell by 15.1% in the last 30 days, indicating a possible short-term trend change.
technical signals: the macd has entered into positive territory, and the rsi is back to a neutral 50, indicating an improvement in <line>strength</line> and a possible end of the recent downward trend.
capital flows: there have been positive net capital inflows in recent times, including $291k over the last hour, signaling renewed buying interest.
short capituation runs the pace
bullish reversal: a dramatic short squeeze doubles the long/short ratio from 0.26. the <line>position</line> of small whales has decreased by 40%.
whale location: small whales are now underwater with an average entry price of $0.0442. in contrast, the long whales are experiencing losses from $0.0532, indicating a higher firmness of price recovery.
<line>market</line> control: the bear exodus has shifted control of the <line>market</line> to the bulls, creating <line>pressure</line> for a continued short-term crisis.
volatility after the weekly maximum
the chr has seen significant volatility, having previously increased by 12.77% in news reports to reach a new weekly high.
the social sentiment of analysts suggests that this move was driven by strong-faith buying and fixed savings, which indicate an early breakout phase.
mainnet integration complete
mainnet live: binance has completed the chr mainnet integration, which enables depositing and withdrawing native tokens.
trading and staking: chr is available to trade in binance spots and can be staked on binance earn for passive rewards.
short squeeze trading outlook
short-term: the path of least resistance is displayed at the top. a sustained price above the support of $0.042 (small whale entry) could put <line>pressure</line> towards the resistance zone of $0,050-$0,035.
mid-term: the main fight is between underwater long and compressed shorts. a decisive break above the long whales' average of $0.0532 will ensure a strong bullish trend reversal.
long-term: mainnet integration provides a solid basic foundation. if <line>market</line> structure continues to improve, a 15% m#CHR onthly decline could create savings opportunities.
$CHR