Chill Guy (CHILL) Market Analysis — May 3, 2025

Current Price: $0.052

Market Cap: $52 Million

Technical Overview:

Previous Key Support: $0.025 (hit in March and bounced)

Recent Low: $0.017

Current Resistance: $0.10 (next upside target)

Immediate Support Levels:

$0.05 (critical short-term support)

$0.04 (neckline of double bottom — strong mid-term support)

Trade Setup:

Long Entry Zones:

Entry 1: Hold/Buy above $0.05 (support hold confirmation)

Entry 2: Buy breakout above $0.06 (momentum continuation)

Targets:

TP1: $0.06

TP2: $0.075

TP3: $0.10

Stop Loss:

Conservative SL: Below $0.048 (close below 2x 4-hour candles)

Aggressive SL: Below $0.04 (loss of double bottom support)

Analyst Notes:

Chill Guy has doubled its market cap from $26M in March to $52M today, showing a strong bounce from lows.

However, this is considered a dead cat bounce unless the coin can hold above $0.05 and push towards $0.10.

A breakdown below $0.04 would invalidate the bullish setup and could send price back to sub $0.02 zones.

Bias: Neutral to cautiously bullish while above $0.05.

Breakdown Scenario: Loss of $0.04 leads back to the $0.01 - $0.017 lows.

Upside Scenario: Hold above $0.05 and reclaim $0.06 opens path to $0.10 target (potential 100% move).

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