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🚨 Rejection of Resistance — Short Selling Idea 📉
$CHR USDT | Short Sell Setup
Entry: 0.0240 – 0.0255 (Supply Zone)
Stop Loss: 0.0275
🎯 Targets:
0.0220 → 0.0200 → 0.0180 🔻
The price is testing a major resistance zone with a momentum pullback, indicating a potential rejection. The structure shows a lower high, favoring continued decline.
As long as the price remains below 0.0275, the bearish trend remains.
Be disciplined and manage risks.
$CHR Trade here 👇