CHR / TetherUS
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#CHR Ready For a Major Correction | Don't Get Trapped Here

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#CHR

The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary, heading towards a breakout. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

There is a key resistance zone (in green) at 0.01500, which the price has bounced off several times, making it a strong support level.

A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.

Entry Price: 0.01330
Target 1: 0.01311
Target 2: 0.01293
Target 3: 0.01267

Stop Loss: At the resistance zone (in green).

Remember this simple rule: Manage your money wisely.

For any questions, please leave a comment.

Thank you.
交易結束:目標達成
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Target 1: 0.01311 Reached
Target 2: 0.01293 Reached

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