$CHZ | Short Liquidation Update
A $9.53K short position has been liquidated at $0.03714, highlighting short-side weakness and renewed buy pressure.
$CHZ Current Position:
Price is trading above the liquidation level, indicating acceptance higher
Shorts trapped below → increases probability of follow-through upside
$CHZ Market Insight:
Liquidation suggests a local bottom sweep
Buyers absorbed sell pressure and forced short exits
Momentum shifts in favor of bullish continuation if structure holds
Trader Focus:
Key support: $0.0370 – $0.0368
Holding above this zone keeps upside targets active
Breakdown below may shift price back into range
Bias: Bullish while above liquidation level
Risk Management: Trade with confirmation and controlled leverage
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