$CHZ Key Update:
Price has pushed out of its recent base and is attempting to reclaim higher ground. Momentum is picking up as buyers defend the breakout area, suggesting potential continuation if structure holds.
• As long as price holds above 0.058–0.059, the structure remains constructive
• Immediate resistance is positioned near 0.065
• A clean acceptance above this zone can open continuation toward 0.069–0.072
After a sharp move like this, a short consolidation or shallow pullback is healthy. Avoid chasing highs. The better approach is to wait for price to stabilize near support before looking for continuation setups.
Momentum is improving, bias is turning bullish, and dips remain buyable while price stays above key levels. Patience and level-based execution will matter here.
