⚡ $CHZ 1H — Liquidity Trap Loading…?
📉 Short-Biased Trading Plan — $CHZ,
Entry (Short): $0.02900 – $0.02950
SL: ~$0.031
TP Levels: $0.02855 → $0.02827 → $0.02752
🔍 Analysis:
CHZ is hovering just beneath the recent swing high while balancing on a thin support layer — a textbook setup for a liquidity sweep and reversal 🔥.
A clean wick above $0.02937 without strong follow-through could be the trigger for a high-probability short targeting the $0.02855–$0.02752 zones.
However, if CHZ dips into the $0.02896–$0.02886 demand pocket and shows bullish confirmation, a rebound toward $0.02937, then $0.03019, is on the table.
A true bullish bias only activates once $0.02937 is reclaimed with momentum.
