Everyone thought $CHILLGUY ‌ was done for after that dip but the chart is saying something else.


We just had a massive bounce from that 0.0108 support level and the price is currently sitting at 0.0147. That’s a 22% move in 24 hours which isn't just noise.
Looking at the daily candles, we are forming a very clear higher low. If you look at the 24h volume, it's sitting at 18M USDT which is pretty decent liquidity for this move.
The real test is going to be 0.0154 resistance. We’ve touched it a few times and got rejected. If the daily candle closes above that, we could easily see a run back toward the 0.017 high from mid-April.
Bids are still outperforming the asks in the order book for now. I’m staying cautious but the momentum is definitely leaning bullish.
Let's see if the bulls can hold this level or if it's just a fakeout.

#OilBreaks110
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