$CHZ has delivered a strong bullish breakout after reclaiming the 0.038–0.039 structure, with price now holding firmly above the psychological 0.040 level. Momentum is clearly in favor of buyers, and the recent push shows clean expansion rather than a spike, suggesting continuation potential if the breakout zone holds. As long as price stays above the former resistance, the structure remains bullish.

Trade Setup

Entry Zone: 0.0395 – 0.0408

Targets:

TP1: 0.0430

TP2: 0.0460

Stop Loss: 0.0378

Holding above 0.039 keeps the bullish trend intact, while a clean break above 0.041 can open the door for the next upside leg.