⚠️ $CHZ /USDT 🔴BEARISH STRUCTURE, BREAKDOWN IMMINENT ⚠️
Trade Setup
Entry Zone:
0.0480 – 0.0490 (sell into weak bounces)
Take Profits:
* TP1: 0.0465
* TP2: 0.0450
* TP3: 0.0435
Stop Loss:
0.0505 (above recent lower high / invalidation level)
CHZ/USDT is showing clear post-rejection weakness after failing to sustain above the 0.052 zone. The sharp pullback from highs followed by lower highs and weak bounces signals distribution. Price is compressing under resistance with sellers stepping in consistently a breakdown toward lower support is the higher-probability move.
Short Market Outlook
Momentum has shifted bearish on the lower timeframe with declining structure and fading bullish volume. The key resistance sits around 0.0495–0.0500 — repeated rejections here confirm seller control. A clean break below 0.0470 opens acceleration to the downside. Only a reclaim above 0.0505 invalidates this bearish bias.
#CHZUSDT #cryptotrading #ShortSetup #Altcoins #Bearish
