$CHZ , as the leading fan token that needs to be hyped in advance for the European Cup in June, can it independently create a counter-trend rising market? In the 1-hour chart, I think there is a chance. EMA20 and EMA50 are currently still above EMA200, and the price It just hit the EMA200 trend line, which means that the bull trend may not be over yet.
But it should be noted that if the 1-hour chart falls below EMA200 and then cannot recover, then it will have to follow the BTC pie and make a correction. Of course I don’t want to see this, but as a retail investor, I can’t guess what the main force is doing. If you want to buy, you can enter boldly. The stop loss depends on whether it will fall below EMA200 in 1 hour. If it does fall below and there is heavy volume, then stop loss in time.