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MyCryptoParadise_Simon
Feb 2, 2024 6:52 AM

CHZ/USDT Bullish Turnaround from Key Demand Zone ?πŸš€CHZΒ Long

Chiliz / TetherUSBinance

Description

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πŸ’Ž Paradisers, #CHZUSDT is on the cusp of an intriguing move, setting the stage for a bullish reversal from a pivotal demand zone.

πŸ’Ž Our observation of #CHILIZ reveals that after facing resistance at the supply zone of $0.11600, it's now showing signs of a potential bullish reversal from the solid demand level of $0.08678. Should the price honor this level, we might be on the brink of a significant bullish wave. However, the $0.09396 mark also demands attention as a price respect here could catapult us into the bullish trajectory.

πŸ’Ž Eager to seize every opportunity? Here's the strategy: if the SGX:CHZ dips below the demand of $0.08678, we'll be on the lookout for a bullish bounce from an even lower demand at $0.06991. A break below this further level would challenge our bullish outlook.

Trade closed: target reached

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πŸ’Ž Victory again! #CHZUSD jumps 93.60%, perfectly aligned with our forecast!

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