CHZ Technical Analysis Jan 28
The post CHZ Technical Analysis Jan 28 appeared on BitcoinEthereumNews.com.
The current risk/reward ratio for CHZ is approximately 1:0.82; while the upside target offers 46% potential return, the downside target carries 56% loss risk. Although daily volatility is low, BTC’s downtrend and Supertrend bearish signal increase capital erosion risk in altcoins – traders should approach with tight stop losses and small positions. Market Volatility and Risk Environment CHZ is trading at $0.06 as of January 28, 2026, showing a slight 1.04% increase over the last 24 hours. The daily range remained narrow between $0.05-$0.06, indicating low short-term volatility – volume is at a moderate $69.21M. However, BTC’s downtrend and Supertrend bearish signal in the broader crypto market create a high-risk environment for altcoins. RSI at 60.95 is in the neutral-bullish zone, but overbought risk is emerging; staying above EMA20 ($0.05) supports the short-term uptrend, though MTF analysis shows 12 strong levels (1D:1S/3R, 3D:3S/2R, 1W:3S/2R) with resistance-heavy structure increasing fragility. While volatility is low, sudden BTC drops could trigger 10-20% spikes in CHZ; ATR-based volatility assessment shows daily moves limited to 5-8% range, but tail risk (short-tail events) should not be ignored. Traders should prepare for expansion scenarios after volatility contraction to protect capital – narrow ranges can signal explosive moves ahead. Risk/Reward Ratio Assessment Potential Reward: Target Levels In a bullish scenario, the $0.0877 target (score:20) offers approximately 46% upside potential from the current $0.06. This level is based on short-term uptrend extension and EMA20 support; however, the low score indicates limited conviction due to resistance clusters (0.0643 score71, 0.0576 score68, 0.0608 score61). BTC stabilization is required for realization – reward potential looks attractive, but probability is low. Potential Risk: Stop Levels The bearish target at $0.0266 (score:28) carries 56% downside risk and aligns with the Supertrend bearish signal. If the main support at $0.0499 (score:64) breaks, MTF supports could…
Filed under: News - @ January 28, 2026 6:28 am