CHILLGUY looks like it’s finally waking up from a brutal downtrend. After months of heavy selling and an 85% drawdown over the past year, price has started forming a solid base around the $0.02 zone — a level that’s already been tested multiple times and held well. This kind of structure often hints at accumulation before a potential trend shift.
On the daily chart, the recent bounce from support shows early signs of strength, with price reclaiming the $0.03 level. Weekly performance is up +8.5%, suggesting some short-term momentum is coming back into the pair. The volume isn’t explosive yet but it’s picking up, which could be the fuel for the next move if buyers keep stepping in.
The setup looks interesting for a possible relief rally, with room toward previous resistance zones around $0.05 to $0.11 — levels that align with prior supply zones. A clean break above the midrange (around $0.066) could easily accelerate momentum if shorts start covering.
Let’s see if bulls can defend this base and build from here.
Dont forget to check out my profile and follow for more analysis!
On the daily chart, the recent bounce from support shows early signs of strength, with price reclaiming the $0.03 level. Weekly performance is up +8.5%, suggesting some short-term momentum is coming back into the pair. The volume isn’t explosive yet but it’s picking up, which could be the fuel for the next move if buyers keep stepping in.
The setup looks interesting for a possible relief rally, with room toward previous resistance zones around $0.05 to $0.11 — levels that align with prior supply zones. A clean break above the midrange (around $0.066) could easily accelerate momentum if shorts start covering.
Let’s see if bulls can defend this base and build from here.
Dont forget to check out my profile and follow for more analysis!
🟢 Want these signals on your chart? The Risological System predicted this move before it happened. Stop guessing tops and bottoms.
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Get Lifetime Access (42% OFF Launch Offer):
[ 👉 Risological.com ]
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🟢 Want these signals on your chart? The Risological System predicted this move before it happened. Stop guessing tops and bottoms.
Get Lifetime Access (42% OFF Launch Offer):
[ 👉 Risological.com ]
Get Lifetime Access (42% OFF Launch Offer):
[ 👉 Risological.com ]
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
