Something’s building under the radar—and it caught me off guard. CHZ is moving inside a tight descending channel on the 1-hour chart, and the setup smells like a breakout in progress. That bearish RSI trendline? It’s about to snap, and that could trigger a neat retest of the upper edge of the channel. Support sits firm at roughly $0.037—solid enough to give bulls room to breathe.
Analysts flag entry around $0.040. The first upside target: $0.04108. Push through that, and $0.04288 comes into play. From there, $0.04533 isn’t far off if the momentum holds . The play here feels disciplined: hit target one, lock in profits, move your stop to entry, and let the trend carry the rest.
It’s not a runaway rocket yet—but it’s got your attention. Keep an eye, act with discipline... and see where this goes.
