$CHZ is attempting to recover after bouncing from the recent low, but the move still looks slow and cautious. Buyers stepped in near support, yet price is struggling to push cleanly higher, showing hesitation near key levels. The structure suggests consolidation rather than a strong breakout, which often creates good scalp opportunities.

The main support zone is around 0.0430 – 0.0425, where price previously bounced and buyers defended the dip. As long as this area holds, downside may slow, but a clean break below it can bring fresh selling pressure. On the upside, 0.0452 – 0.0456 is a strong resistance zone where price has already shown rejection. While $CHZ stays below this resistance, short scalp setups remain more favorable. A strong hold above 0.0460 would invalidate this bearish idea.

$CHZ Scalp Trade Plan

🔻 Short Scalp

Entry Zone: 0.0452 – 0.0456

TP1: 0.0438

TP2: 0.0426

Stop Loss: 0.0460

Leverage: 20x – 50x

Margin: 2% – 5%

Risk Management: Book partial at TP1 and move stop to entry

Short #CHZ Here 👇👇👇

CHZ
CHZUSDT
0.05473
+10.74%