CHZ/USDT Technical Analysis & Trade Signal:
Current Price: 0.1145 USDT
24h Price Movement: +20.02%
24h High: 0.1146 USDT | 24h Low: 0.0913 USDT
RSI (Relative Strength Index): Likely indicating overbought conditions (check current value for precise details)
SAR (Stop and Reverse): 0.1119 USDT - suggesting an uptrend continuation.
Trade Signal:
Trend: Bullish short-term momentum due to the recent +20% rise.
Entry Point: Buy near 0.1145 USDT (current price).
Stop Loss: 0.1090 USDT (below key support levels).
Target Levels:
Target 1: 0.1180 USDT
Target 2: 0.1225 USDT
Target 3: 0.1270 USDT
Momentum:
The price is currently above the SAR level (0.1119 USDT), signaling upward momentum.
Trading volume is strong (27.49M USDT), supporting the bullish trend.
Watch for possible resistance near 0.1155 and 0.1180, which may impact the price's rise.
Recommendation:
Bullish Trade with targets at 0.1180, 0.1225, and 0.1270 USDT, with a stop loss below 0.1090 USDT to manage risk.
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