CHZ is bearish but has room to go higher.

CHZ Analysis.


1/5/20231 min read

Hello guys!

CHZ got rejected by the resistance level.

It made a 15% pump, and now it has come back to the support zone.

The trend is bearish in general, but this asset still has room to go higher even in this bearish trend channel.

It just needs to break two resistance levels and confirm above them.

However, the dynamic resistance levels shown on the chart are extreme, so be careful.

Let me know what you think. I would love to hear your ideas.

Good luck!