$CHZ /USDT – Range Break Attempt After Pullback 🔎
Momentum Analysis
CHZ is holding above the short-term support zone after a pullback from 0.05202. Volume remains healthy (381.87M CHZ / 18.87M USDT), suggesting accumulation rather than distribution. Price stabilizing near 0.04900 keeps the bullish structure intact while the market digests gains.
Long Setup
Entry Zone: 0.04820 – 0.04920
Targets:
T1: 0.05040
T2: 0.05250
T3: 0.05580
Stop Loss: 0.04560
Breakout Confirmation Level
Confirmed Break: 0.05250 (clean close above with volume)
Key Support: 0.04620 → 0.04560
Trading Data Snapshot
Price: 0.04900 (+6.89%)
24h High / Low: 0.05202 / 0.04561
24h Volume: 381.87M CHZ | 18.87M USDT
Structure: Higher lows above demand; resistance cluster at 0.0520–0.0525
Pro Tip for Traders
If price rejects 0.0520–0.0525, look for a healthy retest of 0.048–0.046 for continuation. Avoid chasing; let volume confirm the breakout.