CHZ Short Setup (Breakdown Trade) 📉
Bias: Bearish
Loss of the key support near $0.050 could trigger accelerated selling pressure as profit-taking increases.
🎯 Entry (Short):
$0.051 – $0.049
🔔 Confirmation:
Daily close below $0.047
🛑 Stop-Loss:
$0.059
💰 Targets:
TP1: $0.044 – $0.042
TP2: $0.038 – $0.035
TP3: $0.030
Trade Idea:
Breakdown below support may invite momentum sellers and increase bearish continuation. Watch volume expansion for confirmation.
⚠️ Not financial advice. Manage risk properly.