CHZ/USDT Break out the key level resistance. Bullish Momentum??

💎 CHZ has undergone significant developments in the market. Currently, CHZ has successfully broken out of a key resistance area, indicating a bullish momentum for its next move.

💎 The chart is now in a retesting phase, initially at the support level, which was previously resistance. After this retest, there's a probability of CHZ continuing its upward movement and reaching our target strong resistance area.

💎 However, if during the retesting phase CHZ fails to bounce from the support and instead moves sideways for an extended period, it raises concerns. This scenario could be a sign of potential support breakdown. If this occurs, the price may switch back to a downward movement, with the target set on the Bullish OB area.

💎 The Bullish OB area serves as the last support for CHZ, coinciding with the support trendline. Bouncing from this area and reclaiming the position above the resistance is crucial for CHZ to resume its upward trajectory. Failure to do so may result in continued downward movement, returning to the bottom support level.