CHZ Breakout Surges +85% as Price Clears $0.05, Targets $0.14 and Beyond

2026-01-21 00:16:08

A CHZ breakout above $0.050 triggers a strong bullish trend with +85% gain.
Long-term accumulation ends, signaling new higher highs and higher lows.
Price discovery now targets $0.14+, supported by expanding momentum and volume.

CHZ breakout achieved a decisive +85% gain after months of accumulation, moving above the $0.050 resistance. Market structure shifted from prolonged compression to bullish expansion, offering potential continuation toward $0.14 and beyond.

Long-Term Accumulation Phase Ends

CHZ had been trading in a prolonged accumulation phase, confined between $0.03 and $0.05. This range created a descending wedge, compressing volatility and shaking out weak hands.

Multiple rejections at $0.050 established it as a psychological ceiling. Each test forced late buyers to exit, reducing market participation and reinforcing the lower base.

During this period, CHZ formed higher lows near historically defended demand zones. These levels provided clear liquidity pockets, signaling potential seller exhaustion before breakout momentum appeared.

$CHZ #CHZ +85% Profit so far Since the ENTRY… 📈 https://t.co/DbExZVS0zg pic.twitter.com/hoWUntT2zX

— Captain Faibik 🐺 (@CryptoFaibik) January 18, 2026

Breakout Confirmation Signals Trend Shift

The breakout above $0.050 marked a decisive trend change. Price closed above resistance with a strong expansion candle rather than a wick-through, confirming market acceptance.

Former resistance immediately became support, triggering short covering and activating sidelined buyers. Traders noted the structural flip and encouraged momentum accumulation.

CHZ’s post-breakout rally has reached approximately +85%, slicing through prior consolidation levels. Measured moves project targets near $0.075–$0.08, aligning with previous distribution zones.

Price Discovery and Future Targets

Following the breakout, CHZ entered price discovery. Limited historical resistance exists until the $0.12–$0.14 zone, allowing for strong continuation potential.

$CHZ finally woke up.

4 retests of that $0.050 resistance over a year and we just cleared it with authority. The accumulation phase is officially over.

Next stop: $0.14+ (+180% move incoming). Send it. pic.twitter.com/i48T8jw8Qm

— NekoZ (@NekozTek) January 18, 2026

Momentum indicators show higher highs and higher lows forming, supported by expanding volume. This trend acceleration supports ongoing bullish expansion beyond prior consolidation.

Traders observe asymmetric risk-to-reward ratios, with entries near former support zones offering limited downside compared to multi-leg upside. Pullbacks may present additional continuation opportunities.

CHZ breakout demonstrates disciplined technical execution. Accumulation ended, resistance flipped to support, and the market is in a bullish expansion phase targeting $0.14+. Market structure, momentum, and volume all support this move.

CHZ-1,76%

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