Today saw a deep reversal, regulation tightening, but CHZ has moved into independent trend. Market cap at 122, price broke $0.050, driven by World Cup narrative. Social media sentiment is positive, with 57% of Twitter bullish tweets.
Technical Indicators Deep Interpretation
MACD: Golden Cross Confirmed, Green Bars Increasing, Strong Bullish
RSI: 55-60, Healthy Rebound
Moving Average Arrangement: 5-day > 10-day > 20-day > Price > 50-day > 200-day, Bullish Arrangement
Breakthrough: $0.048-0.050 Resistance Zone, Volume Increased
Multi-Timeframe Analysis
5-Minute Chart: Support after Breakthrough $0.048-0.049
Daily Level: Resistance $0.055-0.058
On-chain Data: Address Growth, but the top two addresses control 64.44%, Caution Against Selling Pressure
Operational strategies and risk management
Entry point: $0.048-$0.049 in batches
Target price: $0.055 → $0.060
Stop-loss level: $0.045
Position control: ≤5%
Risk Warning
High concentration of addresses, whale selling pressure may
The World Cup narrative may have been prematurely exhausted.
Liquidity is relatively limited
in conclusion
$CHZ Bullish outlook, strict position control.
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