CHR/USDT Struggled break the key level area. Break or rejected ?

💎 CHR has undeniably garnered significant attention in the market. Currently, CHR is grappling with the challenge of breaking through the supply area; a breakthrough is necessary for the continuation of its upward movement. Successfully breaking out of the supply area holds the potential for CHR to advance to the next major supply zone.

💎 However, if CHR encounters resistance and fails to break through the supply area, there's a likelihood of facing rejection, prompting a return to the retesting phase at the support area.

💎 The unfavorable scenario is confirmed if, during the retesting phase at the demand area, CHR fails to maintain its position and undergoes a breakdown. In such a case, CHR may revert to the next lower demand area at $0.1070, requiring a bounce to reclaim the demand before considering further upward movement or potentially descending to a strong support area.

Trade closed: target reached:

Boom! #CHR is doing just what we said. Up 130.41% and looking good!