📉 $CHZ /USDT Market Update

CHZ
CHZUSDT
0.04199
-2.84%

$CHZ is currently trading around $0.0365 with a -4.5% drop in the last 24 hours. The chart shows a clear short-term downtrend with lower highs and lower lows forming on the 4H timeframe.

🔍 Key Observations:

• Price recently bounced from support near $0.0343

• Resistance zone seen around $0.040 – $0.041

• RSI around 40 indicates weak momentum but not fully oversold

• Volume is moderate, no strong buying pressure yet

📊 Possible Scenarios:

➡️ If support holds above $0.034, we could see a bounce toward $0.040+

➡️ If breakdown happens, next support may be around $0.033 – $0.032

⚠️ Market looks cautious right now — wait for confirmation before entering.

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