$CHZ recorded a $34.1K Long Liquidation at $0.0431, signaling that leveraged longs were forced to close during the downward move. This liquidation zone can now act as an important decision point. If $CHZ continues trading below $0.0431, sellers may attempt to push price toward the lower liquidity levels. Traders should wait for confirmation instead of chasing the first move.
🎯 EP: $0.0429 – $0.0432
🎯 TP1: $0.0424
🎯 TP2: $0.0419
🎯 TP3: $0.0413
🛑 SL: $0.0437
⚡ Confirmation: Rejection near $0.0431 strengthens the bearish setup, while a clean move above $0.0437 invalidates it.
