$CHZ /USDT - Bullish Breakout Setup
Market Structure Analysis
$CHZ has established a strong foundation after bouncing from the 0.03867 support zone, demonstrating bullish resilience. The price is now consolidating in a tight range below the 0.04150 resistance, with volume gradually increasing—a classic sign of accumulation before a potential breakout.
Trade Setup
🎯 Long Entry Zone: 0.04080 – 0.04140 (Optimal entry before breakout) ✅
Take-Profit Targets:
TP1: 0.04250 (Initial resistance breakout)
TP2: 0.04380 (Next liquidity zone)
TP3: 0.04560 (Major swing high target)
❌ Stop Loss: 0.03820 (Below recent swing low for protection)
Risk Management Strategy
🔒 Risk per trade: 1-2% of total capital
📈 Move stop-loss to breakeven after TP1 is hit
🔄 Partial profit-taking recommended at key levels
⚡ Avoid overleveraging—trade with discipline
Key Observations
📈 Bullish structure intact with higher lows forming
📊 Rising volume during consolidation suggests smart money accumulation
⚡ Break above 0.04150 with volume could trigger strong upside momentum
🚀 Trade Confirmation: Wait for a decisive candle close above 0.04150 with supporting volume before full commitment.
📌 Trade smart—patience pays in volatile markets!
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