$CHZ
CHZ
0.03633
+1.67%
remains in a strong bearish trend on the 4H timeframe.
Price is below EMA7, EMA25, and EMA99 with all EMAs sloping downward — showing continued seller control.
The recent bounce attempts are weak and getting rejected quickly.
Bearish setup:
EP: 0.0354 – 0.0360
TP1: 0.0342
TP2: 0.0330
TP3: 0.0315
SL: 0.0378
0.0375 – 0.0382 is the key resistance zone now.
If price breaks below the 0.0350 support area, downside momentum could accelerate fast.
Trend only starts improving if CHZ reclaims