✅LIKE AND FOLOW FOR MORE ANALYSIS🔋
🚀 CHZUSDT Daily Timeframe – Bullish Setup Loading 📈
On the 1D chart, CHZUSDT has shown a strong breakout from its previous consolidation zone and is currently holding above a key support area. The price is reacting well around the 0.50 Fibonacci retracement, which is acting as a solid demand zone.
📊 Technical Highlights:
Strong bullish momentum after higher highs formation
Price respecting key Fibonacci support levels
Healthy pullback expected before next continuation
Break and hold above resistance confirms bullish bias
🎯 Potential Targets:
Short-term continuation toward $0.065 – $0.070
Mid-term bullish expansion possible up to $0.078 – $0.080 if momentum sustains
⚠️ Risk Management:
A pullback toward the highlighted support zone could offer a better risk-to-reward entry. Always wait for confirmation and manage risk properly.
🔍 Conclusion:
As long as CHZ holds above the key support, the structure remains bullish, and upside continuation is favored.
💡 This is technical analysis, not financial advice.
Always do your own research before trading.
