2026-01-18 08:30:29

CHZ is finally breaking out. After hitting that $0.050 resistance four times over the past year, we've just punched through it with real momentum behind us. That accumulation phase? Done and dusted.

Looking at the chart, this breakout feels different. The volume is there, the price action is convincing. If the momentum holds, we're looking at $0.14+ territory next—that's roughly a 180% move from current levels.

The setup is textbook. Multiple retests of a key resistance level followed by a decisive break typically signals serious buying interest. Whether this play follows through depends on whether buyers keep showing up, but the technical picture is definitely interesting right now.

CHZ-2,43%

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GasWrangler

· 9h ago

technically speaking, the volume profile here is actually sub-optimal if you analyze the transaction throughput data. 180% sounds nice on paper but demonstrably false when you factor in slippage + priority fees eating into your actual gains. textbook breakout? nah, more like textbook retail trap dressed up with convincing price action

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