$CHZ just went through a heavy flush and the chart is still under pressure.

Price is currently around $0.0359 after dropping sharply from the $0.0389 high. Sellers clearly took control and pushed the market down to the $0.0349 support zone. We are seeing a small relief bounce, but momentum remains weak for now.

If $CHZ holds above the $0.0348–$0.0350 area, a short-term recovery toward $0.0370–$0.0380 is possible. However, if support fails, the downside could extend further.

Right now this is a wait-and-watch zone. Smart money will look for strength confirmation before expecting a real reversal.