$CHZ is sitting at $0.01616 and I am passing on it today
Volume is only 0.7x average so nobody is actually funding this move
Just $1.3M in 24 hours means exits are thin and size will trap you
I want to see an hourly close and hold above $0.01676 first
Or I need a pullback that holds $0.01594 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $CHZ here or waiting for 0.01594
#CHZ #RiskManagement
Volume is only 0.7x average so nobody is actually funding this move
Just $1.3M in 24 hours means exits are thin and size will trap you
I want to see an hourly close and hold above $0.01676 first
Or I need a pullback that holds $0.01594 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $CHZ here or waiting for 0.01594
#CHZ #RiskManagement