$CHZ ### Technical Analysis: CHZUSDT on Binance
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This technical analysis focuses on the daily chart of CHZUSDT on the Binance exchange. The price channel and key support and resistance levels have been evaluated to provide actionable insights.
**Price Channel Analysis:**
CHZUSDT is currently trading within a price channel ranging from 0.10954 to 0.14063 USDT. The suggested entry point is approximately 0.11937 USDT.
**Entry and Exit Points:**
- **Entry:** 0.11937 USDT
- **Take Profit:** 0.14063 USDT
- **Stop Loss:** 0.10954 USDT
**Conclusion:**
Adhering to the specified take profit and stop loss levels can potentially yield a successful trade. The Reward/Risk Ratio for this trade is approximately 2.09, indicating a highly favorable risk-to-reward scenario. It is recommended to strictly follow the stop loss level to manage risk effectively.