$CHZ
CHZ
0.03616
-2.77%
BULLISH BREAKOUT STRUCTURE – MOMENTUM BUILDING UP
$CHZ is showing strong bullish intent after holding above a critical demand zone. The structure suggests accumulation with higher lows, indicating buyers are preparing for the next upside expansion toward major resistance levels.
Entry:
Buy on pullbacks near the support zone or on a confirmed breakout above immediate resistance.
Targets (TP):
TP1: 0.03700
TP2: 0.03800
TP3: 0.03900
Stop Loss (SL):
Below 0.03450
Key Levels:
Support: 0.03500 – 0.03400 – 0.03300
Resistance: 0.03700 – 0.03800 – 0.03900
Major Breakout Zone: 0.04000
Risk Management:
Use strict position sizing with 1–2% risk per trade, secure partial profits at targets, and move stop loss to breakeven after TP1.