2026-01-03 02:25:12

CHZ's recent performance is quite interesting. The trading volume on the 30-minute candlestick chart surged by 69.7%, and such a sharp increase in volume usually isn't without reason.

The current price is at 0.04427 USDT, only 1.42% away from the key support level at 0.04312 on the 1-hour timeframe. Honestly, when trading volume expands so significantly, it often indicates that the main force is preparing for the next move.

From a technical perspective, the 0.04312 level is a good entry point for long positions. If you're considering participating, you might place an order around this area. The resistance level above is at 0.04435, which is a reasonable first target.

Overall, the abnormal volume combined with the proximity to support suggests that CHZ might have a chance next. Just keep a close eye on the subsequent price movements; whether the trading volume can be sustained is the key.

CHZ1.9%

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0xLuckbox

· 2h ago

69.7% volume increase? I don't believe you, probably the big players are setting a trap again.

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ProposalDetective

· 2h ago

69.7% volume increase, is CHZ really about to move this time? But the support level is so close, it's a bit risky. If it breaks, it could drop straight down.

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BearMarketSunriser

· 2h ago

69.7% increase in volume... Every time I see this kind of number, I start to be cautious. Is it the main force shaking out the weak hands or a real breakout? Anyway, I'm just watching for now.

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BridgeJumper

· 2h ago

69.7% increase in volume, the main force is up to something again. Can it break through 0.04435 this time? Feeling optimistic.

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