$CHZ is showing a constructive price reaction after holding its short-term range support. The recent push toward the highs signals active buyers, while the pullback suggests healthy consolidation rather than weakness. Structure remains intact, and as long as price holds above key demand, continuation remains possible.

Trade Setup (Long):

Entry: 0.0520 – 0.0527

Targets:

0.0540 – 0.0558 – 0.0580

Stop-Loss:

0.0508

Momentum remains neutral-to-bullish with buyers defending dips. Look for pullbacks into the entry zone for safer continuation trades, and manage risk carefully as volatility can expand near resistance.

Click below to Take Trade

CHZ

0.05113

-1.04%