$CHZ quietly building strength above key moving averages while buyers continue defending every short-term dip.
$CHZ / USDT – LONG
Trade Plan
Entry: $0.0448 – $0.0453
SL: $0.0431
TP1: $0.0469
TP2: $0.0482
TP3: $0.0500+ (if breakout momentum expands)
Why This Setup?
4H Structure: CHZ is forming a clean bullish continuation structure with consistent higher lows and strong reclaim above MA7 and MA25.
Moving Average Context: MA7 ($0.04480) is acting as immediate support, while MA25 ($0.04270) confirms bullish trend alignment underneath price. MA99 near $0.04464 is also being reclaimed, which strengthens momentum structure.
Price Positioning: Current consolidation near $0.04514 shows buyers absorbing supply after rejection from the recent high at $0.04689. Holding above the MA cluster increases breakout probability.
Momentum & Volume: Bullish candles continue closing near highs, suggesting steady accumulation rather than exhaustion. Pullbacks remain shallow, which is usually a bullish signal on 4H structure.
As long as CHZ holds above the $0.0430 support region, buyers maintain short-term control.
Debate:
Will CHZ break above $0.04689 and trigger a stronger continuation rally…
Or is the market preparing another rejection before a deeper retest?
Trade $CHZ here 👇
