2026-01-21 03:23:01

CHZ has recently fallen into a clear downward channel, with multiple engulfing patterns appearing, indicating that the bearish sentiment is gradually intensifying. Technical indicators show signs of market fatigue, with a key support level around $0.048. If broken, the price may continue to test lower levels. Setting a stop-loss at $0.054 is more appropriate. The current question is—should we short during this adjustment or continue to wait and see? From the chart, the opportunity to short is opening up, but risk management is essential.

CHZ-1,4%

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faded_wojak.eth

· 7h ago

Devouring form? Bro, that's so common now. The key is whether 0.048 can hold.

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AirdropHarvester

· 01-21 03:53

0.048 breaking through is really scary, I'm still hesitating

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OfflineValidator

· 01-21 03:50

Hmm... CHZ's recent decline is quite sharp, but I still prefer to continue observing, worried about chasing a short and getting a rebound.

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MEVHunterBearish

· 01-21 03:44

chz really can't hold this time, if it breaks 0.048, just go all-in on short positions directly

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GrayscaleArbitrageur

· 01-21 03:35

Starting to talk down again, can it break below 0.048 this time?

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SmartContractPlumber

· 01-21 03:30

Break below 0.048 and go all in, don't hesitate—this downward trend is like a reentrancy vulnerability in a smart contract; once triggered, there's no turning back.

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LightningLady

· 01-21 03:29

Hmm, CHZ, this wave indeed looks tough, but if 0.048 breaks, I'll accept the loss.

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HashRatePhilosopher

· 01-21 03:28

Breaking below 0.048 is when we start talking. Entering short now is just a gambler's mentality.

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