🚨 $CHR BOUNCE HITS HEAVY RESISTANCE AS BEARS PREPARE THE NEXT PUSH DOWN! 📉
Entry: $0.0206–$0.0209 🔻
Target: $0.0190 📉
Stop Loss: $0.0222 ⚠️
The recent push toward $0.0206 looks like a textbook relief bounce straight into overhead supply following that harsh rejection from $0.026. 📉 Sellers continue to wall off the $0.0220 zone, shutting down every attempt by buyers to flip structure back in their favor.
📌 Order flow shows active distribution beneath key resistance while lower demand remains thin. 📊 As long as sellers maintain control below the invalidation level, price momentum heavily favors a retest of lower targets. 💬 Are you shorting this retest into supply or waiting for a breakdown confirmation below? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHR #ShortSetup #Bearish #Crypto #Trading
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Entry: $0.0206–$0.0209 🔻
Target: $0.0190 📉
Stop Loss: $0.0222 ⚠️
The recent push toward $0.0206 looks like a textbook relief bounce straight into overhead supply following that harsh rejection from $0.026. 📉 Sellers continue to wall off the $0.0220 zone, shutting down every attempt by buyers to flip structure back in their favor.
📌 Order flow shows active distribution beneath key resistance while lower demand remains thin. 📊 As long as sellers maintain control below the invalidation level, price momentum heavily favors a retest of lower targets. 💬 Are you shorting this retest into supply or waiting for a breakdown confirmation below? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHR #ShortSetup #Bearish #Crypto #Trading
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