🔥 CHILLGUY BREAKOUT LOADING – DAILY CHART SETUP 🧊📈
CHILLGUY (CHILLGUY/USDT) is breaking out of a multi-month falling channel, and this might just be the beginning of a major reversal. 👀 After months of grinding lower, price has now broken above the upper trendline resistance, signaling a potential trend shift. Historically, breakout from such descending channels with volume follow-through can lead to explosive upside moves. 💥
With the price currently trading around $0.03159, the chart suggests a possible move toward the $0.05 – $0.10 zone, offering a solid +196% potential upside. A few successful tests of resistance-turned-support (orange circles) are adding weight to this bullish bias.
🔑 Potential Upside Targets:
$0.05
$0.075
$0.10
🟥 Invalidation Level: $0.0255 on a daily closing basis.
Volume is also showing promising spikes, indicating growing interest from market participants. If this breakout holds, CHILLGUY might heat up fast. ☄️ Stay chill, but don’t sleep on this setup.
📌 Always use risk management, especially with newer or low-cap tokens.
#CHILLGUY #AltcoinSeason #BreakoutAlert #CryptoTrading #ChartAnalysis #CryptoSetup #BullishBreakout #TrendReversal #TechnicalAnalysis #CryptoInspo #AltcoinGems
CHILLGUY (CHILLGUY/USDT) is breaking out of a multi-month falling channel, and this might just be the beginning of a major reversal. 👀 After months of grinding lower, price has now broken above the upper trendline resistance, signaling a potential trend shift. Historically, breakout from such descending channels with volume follow-through can lead to explosive upside moves. 💥
With the price currently trading around $0.03159, the chart suggests a possible move toward the $0.05 – $0.10 zone, offering a solid +196% potential upside. A few successful tests of resistance-turned-support (orange circles) are adding weight to this bullish bias.
🔑 Potential Upside Targets:
$0.05
$0.075
$0.10
🟥 Invalidation Level: $0.0255 on a daily closing basis.
Volume is also showing promising spikes, indicating growing interest from market participants. If this breakout holds, CHILLGUY might heat up fast. ☄️ Stay chill, but don’t sleep on this setup.
📌 Always use risk management, especially with newer or low-cap tokens.
#CHILLGUY #AltcoinSeason #BreakoutAlert #CryptoTrading #ChartAnalysis #CryptoSetup #BullishBreakout #TrendReversal #TechnicalAnalysis #CryptoInspo #AltcoinGems
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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.