$CHZ
is showing stronger momentum relative to many alts on the lower timeframe.
The move from 0.0440 into 0.0480 was aggressive, and price is now holding near highs instead of fully retracing — usually a sign that buyers are still active.
Current behavior looks like continuation compression below local resistance at 0.0481.
There’s clear liquidity resting above that high, and the market keeps revisiting the area without heavy rejection.
As long as higher lows hold, dips are likely being accumulated rather than sold aggressively.
Possible continuation targets if 0.0481 breaks cleanly: 0.0495 → 0.0510
Key intraday support: 0.0470–0.0466
Invalidation: Loss of 0.0465 with acceptance below would weaken the bullish structure and suggest the impulse move is cooling off.
After a strong expansion leg, discipline becomes important. Late entries into resistance usually carry poor risk-reward. Better to wait for either a confirmed breakout or a controlled pullback into demand.