CHZ's recent trend is quite interesting. On the hourly chart, it was pulled up from the lower edge of the upward trend and directly surged to the upper boundary. On the 4-hour chart, there was a clear increase in volume with a small bullish candle, but this wave of market movement faced considerable selling pressure. Especially now, as it approaches the 0.05 historical resistance level, this price has always been a barrier. From the current pattern, reducing positions to hedge risks is indeed a reasonable choice. After all, near this resistance level, the risk and reward balance needs to be reassessed.
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GateUser-e87b21ee
· 17h ago
The 0.05 barrier is here again, always getting stuck at this point. It feels like CHZ just wants to torment us.
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Rekt_Recovery
· 17h ago
ngl the 0.05 resistance is gonna be a pain... been there with CHZ before, got liquidated and everything lmao. reducing position size this time, learned that lesson the hard way fr fr
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MEVSandwichMaker
· 17h ago
0.05 is really a hurdle that can't be bypassed; every time it's pushed down, it's so annoying.
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fren_with_benefits
· 17h ago
0.05 is really a tough point, every time I get blocked back here.
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DogeBachelor
· 17h ago
0.05 is really a tough level to break. I have already halved my position, and it's still safer to play it cautiously.
CHZ's recent trend is quite interesting. On the hourly chart, it was pulled up from the lower edge of the upward trend and directly surged to the upper boundary. On the 4-hour chart, there was a clear increase in volume with a small bullish candle, but this wave of market movement faced considerable selling pressure. Especially now, as it approaches the 0.05 historical resistance level, this price has always been a barrier. From the current pattern, reducing positions to hedge risks is indeed a reasonable choice. After all, near this resistance level, the risk and reward balance needs to be reassessed.