🔍 Simple analysis of CHZ / USDT
💰 Current price
CHZ: ~0.0357 USDT
24h Variation: -1.7%
24h Range: 0.0351 – 0.0372
Volume: high, but without clear momentum
👉 Short and contained movement: sideways market.
📊 What does the chart show (1H)?
↔️ Trend
CHZ is moving sideways
Higher highs and lower lows getting closer
There is no strong bullish or bearish trend
👉 The market is waiting for a definition.
📉 Candles and structure
Several candles with wicks → indecision
Short bounces that do not hold
Every rise meets quick selling
👉 There is short-term trading, no conviction.
📊 Volume
Moderate volume, without clear spikes
Does not support breaking resistances
👉 Without volume, there is no rally.
📐 Key zones (approx.)
🟢 Support
0.0350 – 0.0352 Zone that has been holding declines.
🔴 Resistance
0.0368 – 0.0372 Zone where the price was rejected several times.
📈📉 Simple scenarios
Positive scenario
✔ Holds support
✔ Volume enters
✔ Can attempt 0.037 – 0.038
Negative scenario
✔ Loses 0.0350
✔ Little buyer interest
✔ Can seek lower levels
⚠️ Risks to consider
❗ Market without trend
❗ Small movements
❗ Easy to overtrade
❗ Not ideal for aggressive trading
🧠 Easy conclusion
✔ CHZ is in a sideways phase
✔ More for short trading in range
✔ No clear trend signal
✔ It is advisable to wait for a breakout with volume
