Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
After the patterned break, CHZ reclaimed its spot above the $0.22 support. Also, the 20 EMA and the 50 EMA looked north and strived to close above the 200 EMA . A potential bullish crossover can aid the near-term bullish inclinations. A close above the $0.24 mark would reaffirm the bullish intentions to extend the ongoing rally. In these circumstances, the first major resistance range stood in the $0.27-$0.29 range.
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