$CHZ is showing sustained weakness after failing to hold above the 0.058–0.059 supply zone. Each bounce into this area has been met with quick selling, and the structure remains heavy with lower highs. The recent push down was clean, followed by sideways price action near the lows, which usually signals distribution, not accumulation.

As long as price stays below 0.0568–0.0572, sellers remain in control and continuation toward lower support is possible. This setup is focused on following momentum, not predicting a bottom. A strong reclaim and hold above resistance would invalidate the idea and signal a shift in control.

Scalp Trade Plan

Short Setup

Entry Zone: 0.0565 – 0.0572

TP1: 0.0550

TP2: 0.0538

Stop Loss: 0.0583

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Secure partial profit at TP1 and move stop-loss to entry.

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Short #CHZ Here 👇👇👇

CHZ
CHZUSDT
0.03772
-1.41%