🚨$CHZ /USDT Chart Analysis : 1D

➡️#CHZ is currently experiencing a downward trend, having recently drawn liquidity from the external. The price is now retracing to test the internal liquidity.

➡️It is expected to bounce back from one of the two bearish order blocks and aim for the external liquidity level at $0.03439. For a short entry, wait for the price to touch the bearish order block and display signs of rejection.

Order block - 1 :

Entry :- $0.04188

TP :- $0.03439

SL :- $0.04503

Order block - 2 :

Entry :- $0.04656

TP :- $0.03439

SL :- $0.05057

Note :- If price breaks above $0.05057 level then the setup will be invalidated.