$CHZ (Chiliz) Price Analysis: Sustained Bullish Momentum 🚀
Entry Zone: 0.0820 – 0.0860
Bullish Above: 0.0930
Target 1 (TP1): 0.0965
Target 2 (TP2): 0.1020
Target 3 (TP3): 0.1100
Stop Loss (SL): 0.0780
$CHZ is showing impressive strength on the 4H chart, currently trading at 0.09117 with a 14.54% increase. The price action has broken out of a consolidation phase, marked by a series of strong bullish candles and a significant increase in 24h trading volume (415.79M CHZ / 36.85M USDT). This upward move has successfully cleared previous local resistance levels, hitting a 24h high of 0.09450.
Currently, the price is holding steady above the 0.0880 mark, which is a constructive sign for continued upside. While there is minor resistance near the recent peak, the overall trend is firmly tilted to the bulls. A sustained move above 0.0930 would likely accelerate the rally toward the $0.10 psychological level.
