CHR / TetherUS
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#CHRUSDT READY TO NEW EXPLODE !

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#CHR

The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement.

The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.

There is initial support at 0.01360, acting as a preliminary support zone.

A key support zone (marked in green) exists at 0.01250; the price has bounced off this area multiple times, making it a strong support level.

The price is moving toward the 100-period moving average, which is within close reach; this supports a potential rise.

Entry Price: 0.01530
Target 1: 0.01556
Target 2: 0.01625
Target 3: 0.01696

Stop Loss: At the green support zone.

Remember this simple rule: Capital management.

If you have any questions, please leave a comment.

Thank you.

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