$CHZ CHZ/USDT Quick Analysis 🚨
Short-term momentum turning bullish after strong bounce from 0.0422.
✅ Price reclaimed MA7 & MA25
✅ Volume increasing on recovery
✅ RSI strong → buyers returning
⚠️ Still below major higher timeframe resistance
Key Support:
0.0440
0.0432
Target Zones:
🎯 0.0455
🎯 0.0463
🎯 0.0472
Major Resistance / Selling Zone:
🔴 0.0455 - 0.0465
Strong seller area. Spot traders can consider partial profit booking there.
Bullish Confirmation:
Above 0.0455 → momentum may continue toward 0.047+
Risk:
If price loses 0.0432, bearish pressure may return.
Current structure:
Recovery bounce inside larger correction. Short-term bullish, mid-term cautious.