CHZ Evening Review



Current price 0.0490, with a clear resistance at 0.0436 above, trading volume steady, bullish sentiment somewhat weak.

Moving averages are already in a scattered formation, the overall structure is bearish, not suitable for early long positions.

Key levels

• Resistance above: 0.0436

• Support below: 0.0338

Trading strategy

• Currently not suitable for long positions, wait for a volume breakout signal near 0.0495 before considering a light long position

• If entering, strictly stop loss at 0.0505

• If volume drops below 0.0338 support, the structure turns bearish, exit immediately and observe

Summary: The structure is weak, the bulls are unmotivated, it is recommended to cautiously observe and wait for clear signals. $BTC $ETH $DOGE
BTC-1.99%
ETH-1.81%
DOGE0.25%
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