$CHZ is showing robust growth as the community eyes the massive 2026 World Cup catalyst.
Here is the technical breakdown:
🟢 The Bullish Drivers
Narrative: Traders are positioning early for the World Cup cycle.
Ecosystem: New liquidity pools (USDC bridging) are live, boosting utility.
Trend: 7-period EMA is holding above 25/99 EMAs—the uptrend is intact.
🔴 The Risks
Momentum Slowing: MACD has printed a bearish crossover (Signal line > MACD line).
Volume: Trading volume is declining after the initial spike.
Overbought History: RSI hit ~90 earlier today; we are cooling off, but pullbacks are possible.
