🚨 $CHZ Short Strategy
The bounce has stalled, and the sellers are stepping back into the ring. We are sniping the rejection at the local high to catch the next wave of the macro downtrend.
Entry Zone: 0.0461 – 0.0480
Target 1 (TP1): 0.0420
Target 2 (TP2): 0.0380
Target 3 (TP3): 0.0340
Stop Loss (SL): 0.0510
Trade Logic:
Price is currently trapped under the MA(7) and MA(25) on the daily timeframe, indicating that momentum remains firmly in the hands of the bears. The 0.046 level is a confirmed "liquidity void" where previous buying pressure has completely evaporated. We are fading the weak recovery and targeting a retest of the yearly lows.
#CHZ #ShortSetup #TalhaSniper #BinanceSquare #smartmoney

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