$CHZ /USDT — New Uptrend Activated 🚀🔥

CHZ is trading around 0.04144 USDT, up 5.55% in the past 24 hours. After a strong bounce from the short-term low of 0.03870, the bulls have regained control and pushed the price above new intraday highs. This indicates a noticeable increase in demand, reinforcing expectations for a continued uptrend.

📈 Technical Analysis

• Nearest support zone: 0.04020 – 0.04050

• Immediate resistance zone: 0.04220 – 0.04300

• Momentum: Price has surpassed the short-term average, indicating that money is flowing back into CHZ.

• Market sentiment: Investors are starting to expect a deeper recovery, creating momentum for the resistance break.

📊 Suggested trading strategy

• Entry Zone: 0.04100 – 0.04150

🎯 Profit targets:

• Target 1: 0.04220

• Target 2: 0.04300

• Target 3: 0.04420 (important target, if surpassed, the uptrend could extend)

⛔ Stop-Loss: 0.04020

👉 Assessment

CHZ is showing clear recovery signals with strong buying at low levels. As long as the price remains above 0.04020, the short-term uptrend is preserved. If volume continues to hold, it is highly likely that CHZ will test the 0.04420 zone again in the near future.