#CHILLGUY Bullish Reversal📈
Just a chill guy ($CHILLGUY) broke a descending trendline, indicating a potential bullish reversal, up +53.74% in 24 hours at $0.2515. After peaking at $0.6651 on November 27, 2024, ChillGuy dropped to $0.1475 by December 20, 2024.
Key Indicators 📊
RSI: 83.36, near overbought, signals strong buying pressure.
MACD: bullish crossover, histogram at 0.0091.
🔸Support and Resistance Levels
Support: Near the breakout point, around $0.22 to $0.25.
Resistance:
First Resistance: $0.40, potential for profit-taking.
Higher Resistance: $0.50, a key psychological level.
The upside target for $CHILLGUY is between $0.40 and $0.50, with a potential pullback for consolidation and corrections due to overbought conditions. 
Watch for pullbacks near support levels to re-enter, and if MACD and RSI remain strong, further upward movement is possible.