【$CHZ Signal】Empty position + decline accompanied by abnormal trading volume
$CHZ is experiencing increased volume on the decline, with weak price action. Combined with high open interest, this looks more like a chain reaction of forced long liquidations rather than a simple healthy correction. The market structure has been broken, and we need to wait for clear signs of a bottom.
🎯 Direction: Short position
Wait for the price to show clear absorption of buy orders and structural reversal signals in key support areas (such as 0.0400-0.0420) before considering a long setup. Currently, market sentiment is leaning towards panic, and the risk of going against the trend is extremely high.
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【$CHZ Signal】Empty position + decline accompanied by abnormal trading volume
$CHZ is experiencing increased volume on the decline, with weak price action. Combined with high open interest, this looks more like a chain reaction of forced long liquidations rather than a simple healthy correction. The market structure has been broken, and we need to wait for clear signs of a bottom.
🎯 Direction: Short position
Wait for the price to show clear absorption of buy orders and structural reversal signals in key support areas (such as 0.0400-0.0420) before considering a long setup. Currently, market sentiment is leaning towards panic, and the risk of going against the trend is extremely high.
Trade 👇 $CHZ
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