【$CHR Signal】Pullback to buy; the main force’s intention to support is clear

$CHR 1H-level pullback to the EMA20 moving average line, with strong bid depth and thick buy pressure. Orders are densely placed in the 0.0176-0.0180 range. This sell-off is definitely a stop-hunt trap. The 4-hour MACD is still above the zero line; open interest is stable, and funds have not left the market.

🎯 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 reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back to the entry level, automatically exit to protect the principal.

Order book data shows bid depth is far greater than ask depth, with an imbalance ratio of over 24%. The 1-hour RSI pulls back from 54, and the momentum remains healthy. The 4-hour Bollinger Bands middle line at 0.0160 forms strong support, and the price is trading in the upper half. Open interest stays stable when the price retraces, indicating that selling pressure is effectively absorbed by the main force’s funds—this is not panic distribution. The current risk-reward ratio is over 4, making the odds favorable.

View real-time market 👇 $CHR
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