I know why CHZ is accumulating strength at the bottom; the rebound logic has now become clear.

LayerZeroHero · 2026-02-28T01:20:19+00:00

CHZ price has dropped from a high of 0.064 to the current 0.03, a decline of over 50%. Although there is short-term confusion, bottom signals are emerging, and the current bottom range may present a buying opportunity, increasing the likelihood of a rebound. Manage risk by entering in batches, and if support holds steady, the target range could be 0.045-0.05.

LayerZeroHero

2026-02-28 01:20:19

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Market sentiment always confuses investors, but data speaks for itself. CHZ has dropped from a high of 0.064 down to the current level of 0.03. Such a decline is common in the crypto market history. Currently, CHZ is priced at $0.03, with a 24-hour increase of +4.10%. Despite the deep decline, bottom signals are already emerging.

Weekly Chart Indicates Consolidation Signal

The weekly chart shows a continuous downward trend, which is a sign of strong adjustment by major players. From the high of 0.064 to the bottom range of 0.03-0.038, the price has fallen over 50%. Such sharp adjustments are often meant to shake out holders and gradually push out less stable investors. From a technical perspective, when the price repeatedly oscillates within the bottom range, it usually indicates that the main players are in the accumulation phase. The current low-price zone is a critical time to observe on-chain fund flows.

Opportunities in the Bottom Range

When CHZ drops to the 0.03-0.038 bottom zone, the probability of a rebound increases. Historical data shows that tokens which have experienced declines of over 50% often undergo significant accumulation at the bottom. Gradual entry and risk control are wise strategies at this stage. Although short-term uncertainty remains, from a mid-term cycle perspective, the appearance of the bottom range typically signals preparations for a new upward move. If CHZ can stabilize around the $0.03 support level in the near term, the $0.045-0.05 zone above could become the next target area.

CHZ2.9%

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