Image of CNHT
CNHTTether Chinese Yuan
$0.01300
0.00%
1D

Tether Chinese Yuan Analysis

Investment Score
A quick view into Tether Chinese Yuan's investment prospects.
7.2

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is trading below the Hull Moving Average (9), which points to weakening short-term momentum.
  • Stoch RSI is near the upper end of its range, which suggests short-term momentum may be overheated.
Market State Summary
Current regime
Bull Quiet
Confidence: 66%
Why this state?
  • CNHT is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
CNHT is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 61.50, which is neither overbought nor oversold.
Volatility
Quiet
CNHT ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01823 - $0.02217
Active zone
$0.01134 - $0.01757
Support zone
$0.001893 - $0.005842
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Tether Chinese Yuan support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.001893 - $0.005842
Resistance zone
$0.01823 - $0.02217
Active zone
$0.01134 - $0.01757
Levels Table
LevelZoneStrength
Support 1$0.001893 - $0.005842
Resistance 1$0.01823 - $0.02217
Resistance 2$0.08802 - $0.09197
Resistance 3$0.1150 - $0.1219
Resistance 4$0.1223 - $0.1291
Active 1$0.01134 - $0.01757
Scenario Analysis
Bullish scenario

CNHT clears the resistance zone at $0.01823 - $0.02217 and holds above it. That would strengthen the breakout case and shift attention to $0.08802 - $0.09197.

Bearish scenario

CNHT loses the support zone at $0.001893 - $0.005842. That would weaken the setup and open the way toward $0.001893 - $0.005842.

Neutral scenario

CNHT continues trading between $0.005842 and $0.01823. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.01029
Bullish
CNHT is trading above the 50-day average.
SMA200
$0.01143
Bullish
CNHT remains above the long-term trend line.
EMA50
$0.01087
Bullish
CNHT is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.01749
Bearish
CNHT is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
61.50
Neutral
RSI (14) is at 61.50, which keeps momentum in a balanced range.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
0.001001
Bullish
MACD is above its signal line.
ATR
0.00%
Quiet
Volatility is below its 180-day median.
VWMA
$0.01162
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
44.44
Neutral
CCI (20) is at 44.44, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.003034
Bullish
Awesome Oscillator is above zero at $0.003034, which supports bullish momentum.
Williams Percent Range (14)
0.00
Overbought
Williams Percent Range (14) is near the top of its recent range at 0.00.
Bull Bear Power (13)
$0.0004612
Bullish
Bull Bear Power (13) is positive at $0.0004612, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
9.87
Oversold
Ultimate Oscillator is weak at 9.87, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.01300
Bearish
CNHT is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.008300
Bullish
CNHT is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Tether Chinese Yuan

Over the past 7 days, Tether Chinese Yuan price was most positively correlated with the price of LayerZero (ZRO), Dash (DASH), Canton (CC), Render Token (RENDER) and Pudgy Penguins (PENGU) and most negatively correlated with the price of Pendle (PENDLE), JUST (JST), Stellar (XLM), Hedera Hashgraph (HBAR) and Flare (FLR).

Positively Correlated Currencies
NameCorrelation
Image of LayerZeroLayerZero0.752
Image of DashDash0.730
Image of CantonCanton0.720
Image of Render TokenRender Token0.671
Image of Pudgy PenguinsPudgy Penguins0.661
Negatively Correlated Currencies
NameCorrelation
Image of PendlePendle-0.506
Image of JUSTJUST-0.438
Image of StellarStellar-0.309
Image of Hedera HashgraphHedera Hashgraph-0.291
Image of FlareFlare-0.244

Tether Chinese Yuan price is positively correlated with the top 10 coins by market cap with a price of 0.338, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.314. Currencies that are positively correlated with Tether Chinese Yuan indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Tether Chinese Yuan, a move in one direction for Tether Chinese Yuan would translate into a move in the opposite direction for the negatively correlated coin.

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