CHZ/USDT – 4H Technical Outlook
CHZ$CHZ has remained in a controlled downtrend since early December; however, the latest 4H candle structure shows an encouraging shift. A strong green bounce from the 0.0353 USDT support zone has reclaimed a portion of the EMA ribbon, signaling early buyer intent.
Volume remains moderate, but buy-side dominance at ~68% reflects steady accumulation rather than panic-driven moves. Bollinger Bands are beginning to expand on the upside, hinting at rising volatility and a potential trend transition phase. RSI is neutral and trending upward, leaving room for continuation without overbought risk.
📈 Bullish Scenario:
A decisive break and hold above 0.03738 USDT with volume confirmation can open the path toward 0.0385 – 0.0400 USDT, which aligns with prior supply and resistance zones.
📉 Bearish Risk:
Failure to hold 0.0353 USDT may accelerate downside momentum toward 0.033 – 0.031 USDT, testing deeper liquidity pockets.
CHZ is currently at a make-or-break level. While the higher-timeframe structure is still bearish, momentum indicators suggest early accumulation. A confirmed breakout above resistance could quickly shift sentiment, making this zone critical for short-term traders and swing setups.