$CHZ / USDT – Buyer Weakness Exposed
CHZ saw a long liquidation of $1.11K at $0.0468, showing that buyers attempted to hold above a minor support but failed to maintain momentum. As price slipped below the level, leveraged longs were forced out, adding extra sell pressure.
This move indicates sellers are gradually gaining control, especially as demand failed to step in quickly. Momentum remains soft, and buyers need a clear base before attempting another push.
Potential Entry Zone:
$0.0450 – $0.0440
Downside Targets:
• Target 1: $0.0430
• Target 2: $0.0415
• Extended Target: $0.0395
Protective Zone:
Stop-Loss: $0.0485
A recovery above this level would suggest buyers are regaining strength.
Market Bias: Short-Term Bearish
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