CHZ/USDT Break the key supply area. Bullish Momentum for CHZ??

💎 CHZ has been a standout in the cryptocurrency market recently. It has successfully broken out of the supply area, marked by substantial volume and a robust green candle. A daily candle closing above this supply area would confirm this breakout.

💎 Anticipation is high for the retesting phase; if successful, CHZ could continue, probability its upward trajectory toward the targeted resistance area.

💎 However, should CHZ fail to maintain its position above the demand area, previously the supply zone, it could signal a false breakout. This would likely result in a reversal of its upward momentum, leading to a decline back towards the strong demand area, potentially extending even further downward.