Don't assume the market is already stable just because the Fear & Greed Index is at 51; altcoins are still falling. $CHR price is currently 0.01487, 24h -2.36%, trading volume only 0.1 million, MA5 has broken below MA20, RSI 38.8 is trending weak, but the MACD histogram has turned positive; funding rate +0.0047%, and the short position is too crowded. BTC is moving sideways with no sector rotation, and CHR is among the more passive ones, following the decline.
Bullish direction: enter at 0.01462～0.01475 (lower Bollinger band + RSI approaching oversold); take profit 1 at 0.01500 (MA20 resistance), take profit 2 at 0.01538 (upper Bollinger band); stop loss at 0.01448 (breaks below the lower band). Also monitor at the same time: $IOS、$OPG both relative strength indicators are tending to be neutral.
(Personal view only for reference, not any investment advice. Contract risk is extremely high—please strictly control position size.)
【Data】Coin: CHRUSDDirection: BullishEntry: 0.01462-0.01475Take profit 1: 0.01500Take profit 2: 0.01538Stop loss: 0.01448
Bullish direction: enter at 0.01462～0.01475 (lower Bollinger band + RSI approaching oversold); take profit 1 at 0.01500 (MA20 resistance), take profit 2 at 0.01538 (upper Bollinger band); stop loss at 0.01448 (breaks below the lower band). Also monitor at the same time: $IOS、$OPG both relative strength indicators are tending to be neutral.
(Personal view only for reference, not any investment advice. Contract risk is extremely high—please strictly control position size.)
【Data】Coin: CHRUSDDirection: BullishEntry: 0.01462-0.01475Take profit 1: 0.01500Take profit 2: 0.01538Stop loss: 0.01448
