Solana Layer-2 ICO Project, CHILLGUY, Experiences 30% Surge in Value, Sparking Interest Among Traders Investing a Total of $32 Million
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Just A Chill Guy's (CHILLGUY) price soared 30% in the previous 24 hours, trading at $0.03933 as of 7 a.m. EST. This impressive surge was accompanied by an 83% increase in trading volume to $34.5 million.
Bullish Reversal Signals for CHILLGUY
The CHILLGUY/USDT pair shows promising signs of a bullish reversal after months of downtrend. After a steep decline from above $0.08 to lows near $0.012 earlier in 2025, CHILLGUY entered a lengthy consolidation phase between $0.012 and $0.022. Following this, a rounded bottom pattern has formed, usually signaling a potential trend reversal. The price broke past the $0.030 resistance level, a critical barrier earlier serving as a strong support, indicating a clear bullish breakout.
Bullish Momentum Builds with Key Resistance Test
The Relative Strength Index (RSI) stands at 68.60, slightly nearing the overbought territory but still suggesting powerful buying pressure. Notably, there are no noticeable bearish divergences that suggest bears still have the upper hand.
Attention is now focused on the overhead resistance zone between $0.045 and $0.055, where a fair value gap (FVG) exists. Should CHILLGUY manage to close above this range, the next significant target could be the psychological $0.070 level, which aligns with previous structural highs.
In the meantime, immediate support is at the breakout zone (between $0.030 and $0.032). A loss of this level would indicate a brief reversal. Deeper support remains around $0.017.
Traders are closely monitoring the situation, with some considering partial profit-taking at the FVG zone while keeping an eye on overall market sentiment.
Solaxy Presale Breaks $32 Million - Could Be the Next Big Thing in Solana Space
Investors have been showing keen interest in Solaxy (SOLX), a new Solana project currently achieving success in its presale. With $32 million already raised, expectations are high for this cutting-edge token that will be the first Solana Layer 2 solution.
By enhancing Solana's transaction speed, efficiency, and overall performance, Solaxy aims to address the blockchain's congestion, transaction fairness, and scalability issues. Should the project succeed, it could quickly become a key player in the expanding ecosystem of Layer 2 solutions across various blockchains.
Popular YouTube channel 99Bitcoins estimates Solaxy has the potential to surge 100X post-launch. The Solaxy team plans to achieve 10,000 transactions per second (TPS) and already has rolled out a test network and a block explorer.
You can buy SOLX tokens at a mere $0.001708 each using BNB, ETH, USDT, or a bank card. Solaxy has partnered with Best Wallet, allowing users to effortlessly buy and manage SOLX tokens within the app.
Looking to join the crypto revolution? Don't miss out on Solaxy! 👉 Solaxy
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- The sudden price surge of Chill Guy (CHILLGUY) has attracted the attention of investors, with some considering investing in USDT as a possible next move.
- The bullish momentum for CHILLGUY continues to build, as the digital asset shows signs of a trend reversal, with the CHILLGUY/USDT pair trading at promising levels.
- Technology plays a crucial role in the success of projects like Solaxy (SOLX), a new Solana project that has already raised $32 million in its presale, attracting investors and raising expectations for its potential to become the next big thing in the Solana space.
- As investors continue to monitor the situation, they find useful insights and updates on the latest trends and projects, such as Solaxy, by joining our Telegram channel, keeping them well-informed in the fast-paced world of finance and technology.
