CHZUSDT : Bullish Divergence Signals Potential Reversal

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**CHZUSDT** has been moving in a **downtrend** but has recently touched a key **support area**. A **bullish divergence** has formed on the 1-hour time frame, signaling a possible shift in momentum. Despite the current downtrend, the support level may lead to a bullish reversal, making it a critical point for traders to watch.

Before entering any long trade, confirmation is needed by waiting for a **break above the previous lower highs (LHs)**. This would indicate that the downtrend has been broken, allowing for the possibility of a bullish trend.

Traders should keep a close eye on the **price action** and look for a decisive breakout above the previous **lower highs** (LHs) before entering long positions. Patience is key here, as entering prematurely could expose traders to unnecessary risks.

**Risk management** should also be a priority, with stop losses (SL) placed strategically below the support area in case the breakout doesn’t materialize. Setting a suitable **take-profit (TP)** target based on the potential move and adjusting as the trend evolves is advised.

Conclusion and Advice :

CHZUSDT is showing promising signs of a **bullish reversal** with a bullish divergence forming at support. However, waiting for confirmation by a break of previous **LHs** is essential before entering trades. Proper **risk management**—with appropriate **SL and TP levels**—should be in place to protect against volatility.

Traders are advised to remain patient and disciplined for the best results in this setup.