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Is CHA showing downside potential? 200 Day Moving Average Resistance shows up after declining 0.42%

Chagee Holdings Limited (CHA) — Nightly Technical Analysis · Jul 1, 2026, 17:36 ET
CHA posted a 0.42% loss on Wednesday, July 1st, accompanied by 2.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Shooting Star, 200 DMA Resistance, Shooting Star Candlestick & Lizard Bearish — suggesting potential weakness ahead. Key support levels exist at 11.75, 11.53 & 11.16, with resistance at 12.34, 12.71 & 12.93.

Current SwingTradeBot Technical Rating of CHA: D

Today’s move could mean more—check all the signals for CHA on SwingTradeBot.

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