#chz $CHZ

CHZ market analysis for the day:

The market is in a bearish trend at the 1/2/4 hour level, but the market seems to be accumulating energy for a rebound.

Today, we will focus on the short-term long and short price of 0.07660. This price will become the market's weather vane. Once it falls below, the short-term will enter the bearish dominance.

In terms of rebound, we first focus on the upper pressure levels, which are 0.07890, 0.08059 and 0.08254. If CHZ can successfully break through these prices, it will open up space for its rise.

However, the market may also fall. We need to pay attention to the support levels below, which are 0.07162, 0.07039 and 0.06912. If these prices are broken, CHZ's downward trend may continue.

For spot investors, the key is to seize the opportunity of a decline and pullback to make a layout. In the market fluctuations, finding the right entry and exit points is the key to gaining profits. Therefore, it is recommended that investors pay close attention to market dynamics and combine technical analysis with fundamental analysis to make wise investment decisions.

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