🚨 $CHZ — THE BREAKDOWN WAS THE WARNING. THE BOUNCE COULD BE THE TRAP. 👀

The rising channel is broken.

CHZ dropped to $0.01305. Now buyers are trying to push the price back up.

And that's where things get interesting.

I'm not chasing the dump. I'm waiting for a better opportunity.

🎯 MY AREA OF INTEREST: $0.0143–$0.0151

Former support. A significant resistance zone. And potentially the area where the next selloff begins.

If $CHZ reaches this zone and buyers lose momentum, I'll start looking for a SHORT entry.

Not blindly. I want to see the rejection first.

📉 BEARISH SCENARIO:
$0.0130 → $0.0120 → $0.01060

The final level is my extended downside target, not a guaranteed destination.

A sustained 12H recovery above $0.0151 would weaken this scenario.

💡 MY TAKE

The breakdown has already shown weakness.

But the most interesting part of this setup may still be ahead.

Sometimes the market gives buyers one more reason to believe in a recovery before the next leg down.

That's the reaction I'm watching.

I don't need to catch every move.

I want to catch the one that makes sense.

#CHZUSDT #Chiliz #ShortSetupb