$CHZ looks like a classic exhaustion-to-accumulation structure

after a multi-year bleed, price has compressed into the same historical demand zone where previous reversals started forming
the interesting part is volatility:
huge volatility during distribution
almost no volatility during accumulation
that transition usually happens before expansion phases
if $CHZ starts reclaiming old support levels, the move can accelerate very quickly because most sellers are already exhausted near the lows
the chart basically suggests:
base formation first
liquidity return second
vertical repricing after breakout
the $0.90–$1 area would only become realistic if crypto gaming/sports narratives come back aggressively
right now this is still early-stage accumulation, but structurally it looks far healthier than during the entire downtrend phase
$CHZ ‌#GateSquareMayTradingShare