【$CHZ Signal】Long | Healthy Reset After Breakout with Volume

$CHZ After a 4.27% volume-driven increase, the price is consolidating below a key resistance zone. The price action indicates healthy profit-taking and liquidity reset, rather than top-selling pressure. Open interest is rising in tandem, suggesting institutional buying rather than short covering.

🎯Direction: Long

🎯Entry: 0.0448 - 0.0452

🛑Stop Loss: 0.0435 (Rigid Stop Loss)

🚀Target 1: 0.0480

🚀Target 2: 0.0505

The price is consolidating in a narrow range above the previous high after the breakout, which is typical cooling after a breakout. The volume expansion and increase in open interest form a positive confirmation, indicating new funds are absorbing the sell-off. Each retracement on the lower timeframe is quickly bought back, showing strong demand below. As long as the price stays above the breakout zone, the structure remains bullish, with a probability advantage pointing to continued upward movement.

Trade 👇 $CHZ

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