$CHZ hit $0.04391 and quietly shook out a $1.1533K long position. It wasn’t a dramatic crash, but enough to remind traders that even small dips can catch early entries off guard. Someone stayed long, expecting support to hold, and the market nudged them out.
It’s like pouring coffee into a cup that’s already full the plan seemed fine until the timing was off. Long liquidations at this scale often show traders stepping in a bit too soon, trusting levels that aren’t fully tested. The move isn’t massive, but it reflects hesitation and sensitivity around current prices.
This doesn’t define $CHZ’s trend, but it does reveal where conviction is fragile. Are these levels just clearing weak hands, or hinting at a subtle shift?
CHZ
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