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Everyone is panic-selling into support while the smart money is quietly absorbing the final wave of capitulation.
$CHZ - LONG
Trade Plan:
Entry: 0.023250
SL: 0.022845
TP1: 0.024060
TP2: 0.024760
TP3: 0.026980
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.2431 (room to run). ATR 1h is 0.0002—tight squeeze priming for a breakout . Entry zone: 0.023250. First target 0.024060.
Debate:
Is this the classic fake-out before a sharp reversal, or are we catching a falling knife before a deeper leg down?
$CHZ