Chart Technical Analysis (COHRB/USDT - 1D)
Current Price Action: COHRB bounced off a sharp dip at $311.22 and is attempting a recovery toward $348.16.
Key Support Zone: $311 - $315 (24h low and local wick support). A break below this invalidates the short-term bullish recovery.
Immediate Resistance: $358.26 (MA 7 line). The price needs to close above this level on the daily timeframe to sustain upward momentum.
Major Resistance: $383 - $397.71 (Recent blow-off local high).
Realistic Price Predictions
Short-Term Target (1–7 Days): $360 – $380 (Testing MA 7 and intermediate resistance upon successful consolidation above $345).
Mid-Term Target (1–4 Weeks): $398 – $420 (Retesting local high peak of $397.71 and extending toward psychological levels if market sentiment holds).
Bearish Downside Risk: If $311 support fails, the price risks retracing toward $280 – $290.
$COHRB
#USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday #OCCSaysDigitalFirmsCanSeekNationalBankStatus
Current Price Action: COHRB bounced off a sharp dip at $311.22 and is attempting a recovery toward $348.16.
Key Support Zone: $311 - $315 (24h low and local wick support). A break below this invalidates the short-term bullish recovery.
Immediate Resistance: $358.26 (MA 7 line). The price needs to close above this level on the daily timeframe to sustain upward momentum.
Major Resistance: $383 - $397.71 (Recent blow-off local high).
Realistic Price Predictions
Short-Term Target (1–7 Days): $360 – $380 (Testing MA 7 and intermediate resistance upon successful consolidation above $345).
Mid-Term Target (1–4 Weeks): $398 – $420 (Retesting local high peak of $397.71 and extending toward psychological levels if market sentiment holds).
Bearish Downside Risk: If $311 support fails, the price risks retracing toward $280 – $290.
$COHRB
#USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating #KOSPIRisesNearly5%TriggersBuySideSidecar #SECMayUnveilTokenizedStockExemptionAsSoonAsFriday #OCCSaysDigitalFirmsCanSeekNationalBankStatus