Chromia pushing up soon ? CHRUSDT has exhibited a promising bullish momentum as it successfully retested a key support level at 0.1110, indicating a potential bullish reversal. The recent price action shows a series of higher highs, suggesting increasing buying pressure and a potential continuation of the uptrend.
Retest of Support: CHRUSDT recently retraced to the support level at 0.1110. The successful retest indicates that buyers have stepped in to defend the level, potentially leading to an upward price movement.
Higher Highs: Following the retest of support, CHRUSDT has been forming higher highs, reflecting a gradual increase in buying momentum. This pattern indicates a potential continuation of the upward trend.
Bullish Momentum: The positive momentum is further supported by rising volume and increasing buying interest in the market. This suggests that traders and investors are actively accumulating CHRUSDT, adding to its bullish outlook.