Technical analysis by MyCryptoParadise about Symbol CHR: Sell recommendation (4/15/2025)

Yello, Paradisers! #CHR is showing upside probability, but this is just a setup before the next brutal leg down? Here’s why the current move by #Chromia could be the calm before the storm:💎#CHRUSDT is trading around $0.0819, and on the 4H chart, the price is developing within a potential Leading Diagonal Formation. But here's the catch: for the diagonal to be valid, Wave 5 must exceed Wave 3, which hasn’t happened yet. So, the structure remains incomplete and vulnerable.💎As of now, the 5th wave is still in play, but momentum is fading fast. A Bearish Divergence on the MACD histogram is flashing early warnings. If it intensifies, it could drag #CHRUSD down before Wave 5 completes, leading to a premature breakdown and invalidation of the pattern.💎The resistance zone between $0.089-$0.97 remains key. A break and sustained hold above this level would invalidate the bearish scenario, potentially triggering a short squeeze up toward $0.1000+. But unless that happens, bears are still in control of the structure.💎On the downside, a confirmed breakdown below the $0.0740 support will signal the failure of the diagonal and likely accelerate the drop toward the next major support at $0.0610, where we anticipate the next Swing Low. A valid bearish breakout below needs to be backed by increasing selling pressure and market weakness.Play it safe, respect the structure, and let the market come to you!MyCryptoParadiseiFeel the success🌴