#TradingSignals CHZ/USDT at #Binance

Current price is around 0.05751 USDT, slightly below the level 0.05764 that you are targeting for purchase. 24-hour momentum up ≈ 4 % (positive) and 24-hour volume on Binance ~ $37.6 M, indicating sufficient liquidity. The short-term trend on the 1-hour chart is in a descending channel, but the RSI is starting to show potential breakout upwards. Some analysts on TradingView estimate a target of ≈ 0.07 USDT in the medium term.

My target of 0.06082 is between the current support (≈ 0.0575) and the next resistance (≈ 0.062‑0.064). If the price breaks 0.0608 in 0‑10 days, there is a strong possibility to continue to the zone 0.062‑0.07.

High volatility risk (volatility 17%), so I set a stop-loss around 0.0555 to protect the capital.

The price is already close to the entry point; if entering at ≤ 0.05764, a target of 0.06082 is realistic within 10 days, but remain cautious of fluctuations.

Is anyone willing to give advice, such as setting a stop-loss, or looking at other indicators like MACD? #advice