Chagee Holdings' 15min chart exhibits Bollinger Bands Narrowing, KDJ Death Cross, and Bearish Marubozu.

According to the 15-minute chart of Chagee Holdings, the recent market activity has triggered a narrowing of Bollinger Bands, a KDJ death cross, and a bearish Marubozu pattern. This suggests that the magnitude of price fluctuations is decreasing, momentum is shifting towards the downside, and there is potential for further decline. Sellers are currently dominating the market, and it is likely that bearish momentum will continue.