$CHZ IS SHOWING A BEARISH TRAP FORMATION AT THE 0.01968 LEVEL 📉

Entry: 0.01964 – 0.01972 🔥

Target: 0.01918, 0.01885, 0.01835 🚀

Stop Loss: 0.02035 ⚠️

The 4H bias remains firmly short, and we are seeing a lack of conviction on the 15m RSI despite the current oversold conditions. With the daily trend pointing down, a clean break below 0.01964 should provide the momentum needed to test those lower targets.

I am watching the price action closely to see if the sellers can maintain control or if we get a liquidity sweep toward the stop loss level. Do you think the bears have enough strength to push this lower today?

Not financial advice. Always manage your risk.

#CHZ #ShortSetup #CryptoTrading #Bearish

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