$CHZ Long Liquidation Alert
Price: $0.01326
Support:
• $0.01310
• $0.01290
• $0.01260
Resistance:
• $0.01345
• $0.01370
• $0.01400
Next Target: If $0.01310 breaks, $CHZ could decline toward the $0.01290–$0.01260 support zone.
Analysis:
A $2.7431K long liquidation indicates bullish positions were forced to close as selling pressure increased. Continued weakness below support may reinforce short-term bearish momentum.
Trading Plan:
Watch the $0.01310 support level. A confirmed breakdown may signal further downside, while a recovery above $0.01345 could indicate buyers are regaining momentum.
Risk: Medium
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