🔴
$CHZ REFUSES TO BREAK ABOVE – SELLERS STILL IN CONTROL! 📉
Entry: 0.0134 – 0.0136 🔴
Target: 0.0130, 0.0127, 0.0124 📉
Stop Loss: 0.0139 ⚠️
📌 Price remains pinned below a well-defined descending trendline on the 4H chart, with every retest of the 0.0139 resistance zone drawing fresh institutional supply. 📊 Volume is contracting on attempts to break higher — a classic sign that smart money is layering shorts into strength.
💡 As long as 0.0139 holds as resistance, the path of least resistance points lower. The next liquidity pool sits at 0.0124, where previous buyer support was swept. 💬 Are you waiting for a breakdown confirmation or already stacked short from the trendline? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️
#CHZ #ShortSetup #Crypto #Trading #Bearish 🔻 📉