$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 increasingâa classic sign of accumulation before a potential breakout.
Trade Setup
đŻ Long Entry Zone: 0.04080 â 0.04140 (Optimal entry before breakout) â
Take-Profit Targets:
TP1: 0.04250 (Initial resistance breakout)
TP2: 0.04380 (Next liquidity zone)
TP3: 0.04560 (Major swing high target)
â Stop Loss: 0.03820 (Below recent swing low for protection)
Risk Management Strategy
đ Risk per trade: 1-2% of total capital
đ Move stop-loss to breakeven after TP1 is hit
đ Partial profit-taking recommended at key levels
⥠Avoid overleveragingâtrade with discipline
Key Observations
đ Bullish structure intact with higher lows forming
đ Rising volume during consolidation suggests smart money accumulation
⥠Break above 0.04150 with volume could trigger strong upside momentum
đ Trade Confirmation: Wait for a decisive candle close above 0.04150 with supporting volume before full commitment.
đ Trade smartâpatience pays in volatile markets! #CHZUSDT #BullishBreakout #LongSetup #CryptoOpportunity #RiskManagement"