$CHZ is approaching the levels that rejected every major rally since 2022.
The chart is pretty simple.
For years, every bounce on $CHZ was sold into:
Target 1 - ~$0.141
Target 2 - ~$0.293
Target 3 - ~$0.656
None of these levels have been reclaimed yet.
That’s the whole point.
Price is still below the main historical resistance zones, but the structure has changed.
After years of compression near the lows
$CHZ finally started pushing away from the accumulation area.
The first real test is $0.141.
If buyers manage to break and hold above it, the market starts looking at $0.293 next.
And if momentum keeps building, the old cycle resistance near $0.656 becomes the obvious magnet.
This isn’t expansion yet.
It’s the phase before expansion, where nobody believes the move until the first major level breaks.
That’s why the setup is interesting.
