$CHZ – Strong bounce into resistance, starting to look overextended here

Trading Plan Short $CHZ

Entry: 0.0415 – 0.0445

SL: 0.0465

TP: 0.0385

TP: 0.0355

TP: 0.0325

The move higher has been aggressive but is beginning to lose momentum around this zone. Buyers pushed price up strongly, though the follow-through is fading and structure is turning more choppy. When price gets extended into resistance and starts to stall like this, it often leads to a pullback as sellers step back in.

Trade $CHZ here 👇

CHZ
CHZUSDT
0.04286
+7.85%