Currently, CHSB is experiencing a market retracement, which is expected after a steady uphill trend. The data suggests a possible accumulation phase to begin at 876 sats, which might point to another uphill price movement after consolidation. However, keep in mind that the level acting as support is a weekly level and with the end of the month approaching, a new monthly level could continue the downward price movement further if appropriate momentum and volume is present in that direction.
The analysis presented here is not financial advice, but aims to provide potential insights as to possible future price movements based solely on technical analysis. Please utilize this analysis as a basis for your research and invest at your own risk.
The analysis presented here is not financial advice, but aims to provide potential insights as to possible future price movements based solely on technical analysis. Please utilize this analysis as a basis for your research and invest at your own risk.