$CHILLGUY
#CHILLGUY / USDT – Step-by-Step Analysis
Step 1: Trend Observation
CHILLGUY attempted a breakout but was rejected near resistance, indicating supply pressure.
Step 2: EMA Behavior
Price remains below EMA(99), confirming the larger trend is still weak.
Step 3: RSI Reading
RSI around 45 shows slight recovery but not enough strength to confirm a bullish reversal.
Step 4: Volume Pattern
Volume spikes occurred on rejection candles, meaning selling pressure increased at higher levels.
Professional Conclusion
CHILLGUY is showing fake breakout behavior and remains vulnerable to downside moves.
Bias: Bearish
Risk: High
Best Approach: Trade only after confirmation