CHZ Holds Key Multi-Month Support — Reversal Setup
🟢 $CHZ - LONG
Trade Plan:
Current Price: ~0.0177
Entry Zone: 0.01715 - 0.01805
SL: 0.0166
TP1: 0.0192
TP2: 0.0208
TP3: 0.0230
The image reveals CHZ respecting a major weekly demand zone inside the green Entry Zone with multiple long lower wicks and strong buy volume absorption. A subtle bullish MACD crossover on the daily and decreasing sell pressure point to accumulation after prolonged weakness. This LONG offers high conviction as it sits at the bottom of the range with clear path to fill previous value gaps. TP levels align with prior bounce targets and resistance flips.
Will CHZ finally break out of this long-term base and rally?
Click below for trade 👇
DYOR & manage risk!
🟢 $CHZ - LONG
Trade Plan:
Current Price: ~0.0177
Entry Zone: 0.01715 - 0.01805
SL: 0.0166
TP1: 0.0192
TP2: 0.0208
TP3: 0.0230
The image reveals CHZ respecting a major weekly demand zone inside the green Entry Zone with multiple long lower wicks and strong buy volume absorption. A subtle bullish MACD crossover on the daily and decreasing sell pressure point to accumulation after prolonged weakness. This LONG offers high conviction as it sits at the bottom of the range with clear path to fill previous value gaps. TP levels align with prior bounce targets and resistance flips.
Will CHZ finally break out of this long-term base and rally?
Click below for trade 👇
DYOR & manage risk!