$CHZ Bearish Momentum
· Price: 0.04125 (-2.41%)
· Trend: Sellers in control, testing key support at ~0.040.
· Breakdown Risk: If support fails, more downside expected.
· Buyer Opportunity: Possible long entry between 0.0395 – 0.0408.
· Targets if Reversal Occurs: 0.0435 → 0.0465 → 0.0500 (Extended)
· Stop-Loss: Below 0.0380
· Bias: Short-Term Bearish
#CHZ is weak. Watch the 0.040 support. A break lower signals more selling, while a hold could offer a bounce opportunity.