CHILLGUY/USDT Analysis – 6H Chart
CHILLGUY is currently consolidating above a strong demand zone and key support line. Price is squeezing into a tight range, showing signs of buildup after the recent uptrend.
As long as the support holds, a bounce toward the mid S/R levels looks likely. A strong breakout from this zone could fuel the next leg higher.
But if price loses the demand zone, it may trigger a deeper correction.
Stay alert — a decisive move is nearing.
CHILLGUY is currently consolidating above a strong demand zone and key support line. Price is squeezing into a tight range, showing signs of buildup after the recent uptrend.
As long as the support holds, a bounce toward the mid S/R levels looks likely. A strong breakout from this zone could fuel the next leg higher.
But if price loses the demand zone, it may trigger a deeper correction.
Stay alert — a decisive move is nearing.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.