CHZ market analysis today:
At the 1-hour, 2-hour and 4-hour levels, the market clearly shows a bearish trend.
Today's focus is on the price around 0.05671. If the market remains below this price, the 4-hour level will continue to maintain a bearish trend.
The downside target first focuses on the three price levels around 0.05363, 0.05250 and 0.05111.
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If the market rebounds, the initial target above is 0.05778, 0.05871 and 0.06045. If the rebound fails to break through any of the above prices, the market is expected to continue to maintain a bearish trend.
Short-term investors are advised to pay close attention to the market dynamics and operate flexibly.