$CHZ Today's Market Analysis:
The current trend is clear, with bullish patterns observed in the 1-hour, 2-hour, and 4-hour charts. We will focus on the key bullish and bearish price level: around 0.04800.
The upper targets are 0.04986-0.05050-0.05260; if these bullish and bearish prices are not broken on the upside, the bearish trend will continue.
The support levels below are around 0.04799-0.04639-0.04498; maintaining stability near these three prices carries risk, and if the resistance level is broken, we will look bullish. Capital preservation is always the top priority; contracts should first focus on defense before considering profit.
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