#CHILLGUY just broke out after weeks of accumulation.
The price was stuck in a tight range for nearly a month, forming a clear symmetrical triangle just under major resistance. After multiple tests, bulls finally pushed through both the trendline and horizontal resistance around $0.054–$0.056.
This breakout is backed by strong volume and structure. The breakout zone is now being retested, which could act as a new support before the next leg up.
Key Breakout Level: $0.056
Target Zone: $0.072 – $0.078
Invalidation: Close back inside the old range below $0.054
If the retest holds, we may be looking at a 40%+ upside move from here.
DYOR, NFA
#Chillguy
The price was stuck in a tight range for nearly a month, forming a clear symmetrical triangle just under major resistance. After multiple tests, bulls finally pushed through both the trendline and horizontal resistance around $0.054–$0.056.
This breakout is backed by strong volume and structure. The breakout zone is now being retested, which could act as a new support before the next leg up.
Key Breakout Level: $0.056
Target Zone: $0.072 – $0.078
Invalidation: Close back inside the old range below $0.054
If the retest holds, we may be looking at a 40%+ upside move from here.
DYOR, NFA
#Chillguy
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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.
Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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.