Let's talk about the long-term outlook for Fan Token $CHZ

CHZ, when viewed on a monthly chart, has been consolidating at the bottom for about half a year. Currently, the three moving averages are almost aligned together. This kind of structure often indicates a waiting phase for a direction. Once volume increases, it could easily break out and start a trend reversal.
In the previous correction around 0.033, there was a whale repeatedly accumulating, and the scale was not small. Up to now, there are no obvious signs of distribution.
Fundamentally, there are positive factors like Dragon8 upgrade and buyback destruction. Structurally, the key levels are two: below, watch the daily EMA52. As long as this line holds, it indicates the overall situation is still under control. The critical level is 0.035. Above, look at 0.0423. Once it effectively stabilizes above this level, the current oscillation range will be broken, and the upside potential will naturally open.
So, the current position is more like a phase that hasn't started yet but already has expectations. The risk-reward ratio is decent.
However, I must emphasize that the liquidity in the Fan Token sector is generally poor. Participate with small positions; I only bought spot holdings. #Gate广场四月发帖挑战