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【$CHR Signal】Pullback to buy, main force clearly intends to support
$CHR 1H level pullback confirmed, buying volume is substantial, with a thick order book in the 0.0176-0.0180 range below. The 4H MACD fast and slow lines are opening upward, momentum bars are continuously expanding, and the price has stabilized above the Bollinger upper band, which is a typical feature after a strong breakout. Open interest remains stable, and there was no panic selling during the pullback, fully revealing the capital support intention.
🎯Direction: Long
⚡Entry/Order: 0.0176 - 0.0180
🛑Stop Loss: 0.0170
🚀Target 1: 0.0220
🚀Target 2: 0.0241
🛡️Trade Management:
- Execution Strategy: After the price reaches 0.0220, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot stay above 0.0195 and falls back, consider exiting early.
Current order book data shows that buying power is more than 1.5 times that of selling power, with a large number of buy orders stacked below 0.018. The 1-hour RSI has healthy retraced from the overbought zone to 64, providing room for another upward move. The 4-hour price has broken through the long-term consolidation zone, with no obvious resistance above, and a risk-reward ratio of 4:1. This trade’s risk-reward structure is among the best in the current hot coins.
View real-time market 👇 $CHR
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#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡