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【$CHZ Signal】Pullback to buy, main force clearly intends to support
$CHZ 1H level pullback to EMA20, strong buy wall below at 0.0397 to 0.0398, with over a million orders accumulated, fully exposing the capital support intention. 4H MACD golden cross indicates healthy momentum, and the price is above the middle band of Bollinger Bands.
🎯Direction: Long
⚡Entry: Enter immediately at current price around 0.0399, or place orders in the 0.0392-0.0395 range for ambush.
🛑Stop loss: 0.0378
🚀Target 1: 0.0448
🚀Target 2: 0.0476
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce half of the position, and move the remaining stop loss up to the entry price. If the price falls back below 0.0395 and stays below for more than one 1H candle, consider exiting early.
Position size remains stable and does not decrease with price retracement, indicating that bulls are not panicking and exiting. The 1-hour RSI has stabilized around 59 after pulling back from high levels, providing healthy retracement space. Selling pressure begins to accumulate above 0.0400, and a breakout may require volume support, but the support below is solid enough, with a risk-reward ratio over 4:1. This ambush is worth trying.
View real-time quotes 👇 $CHZ
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