$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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CHZUSDT
Διην.
0.03772
-1.41%