$CHZ Futures Long Signal
Entry Zone: 0.0362 – 0.0376
Take-Profit 1: 0.0395
Take-Profit 2: 0.0420
Take-Profit 3: 0.0450
Stop-Loss: 0.0345
Leverage (Suggested): 3–5x
Rationale:
#CHZ has completed a strong impulsive rally from the 0.0280 accumulation base, supported by rising volume and a clean breakout above previous resistance. Price tagged the 0.0395 liquidity high and is now consolidating above the rising MA(7) and MA(25), indicating bullish continuation rather than exhaustion.
The pullback toward the 0.036–0.0375 zone is corrective in nature and aligns with short-term demand and trend support. Market structure remains bullish with higher highs and higher lows intact. As long as price holds above this demand zone, continuation toward higher liquidity targets remains structurally valid.
Risk-Management Note:
A decisive breakdown below 0.0345 would invalidate the higher-low structure and signal short-term trend weakness.
