$CHZ just swept buy-side liquidity above the 0.0490 local highs, but unlike previous breakout attempts, sellers failed to force immediate acceptance back into range. The rejection candle was absorbed quickly and price reclaimed the entire pullback almost instantly, which is typically a strong sign that breakout supply is thinning.

Bias: LONG

Entry zone: 0.0472 – 0.0478

Invalidation: 4H acceptance below 0.0459

Targets: 0.0505 / 0.0528

The important detail here is the character of the reclaim. Earlier in the structure, every expansion into resistance was met with aggressive mean reversion. This time, the market swept liquidity above prior highs, retraced briefly, then rotated straight back into the breakout zone with strong candle recovery. That behavior usually reflects trapped shorts and passive absorption rather than exhaustion.

As long as CHZ maintains acceptance above the reclaimed breakout area, dip-buying remains the preferred execution rather than chasing vertical extension.

⇢ Trade $CHZ 👇

CHZUSDT

دائم

0.04871

+0.39%