🔴 $CHZ LONG LIQUIDATION ALERT ⚠️

A fresh $2.0356K long liquidation at $0.01254 shows that buyers are getting squeezed as downside pressure builds. This kind of liquidation can accelerate a move when leveraged traders are forced to exit.

📍 Support: $0.01250–$0.01220

🚧 Resistance: $0.01290–$0.01320

🎯 Next Target: $0.01220 → $0.01190

⚡ Breakdown Target: $0.01150

If $CHZ fails to reclaim $0.01290 with strong volume, sellers could remain in control. A clean recovery above $0.01320 would weaken the bearish setup.

💡 Pro Tip: Don’t chase the liquidation candle. Wait for confirmation, watch volume, and manage leverage carefully. Liquidation zones can create sharp rebounds as well as deeper drops.

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