Price action is consolidating within a tight range after facing a clear rejection near recent highs.
$COHRB surged up to test resistance at 333.31 before pulling back, with price currently lingering around 332.69. The Supertrend line at 333.35 remains red directly overhead, creating immediate resistance, while volume stays relatively low following the earlier rejection spike.
The short-term structure is trapped between resistance and lower support levels. Stay patient, wait for a confirmed breakout, and see if buyers can overcome resistance or if sellers push price back toward 330.42.
Can $COHRB break past the 333.35 resistance line, or is more consolidation ahead?
#COHRB
$COHRB surged up to test resistance at 333.31 before pulling back, with price currently lingering around 332.69. The Supertrend line at 333.35 remains red directly overhead, creating immediate resistance, while volume stays relatively low following the earlier rejection spike.
The short-term structure is trapped between resistance and lower support levels. Stay patient, wait for a confirmed breakout, and see if buyers can overcome resistance or if sellers push price back toward 330.42.
Can $COHRB break past the 333.35 resistance line, or is more consolidation ahead?
#COHRB