CHZ shows signs of a major bearish move (4H)

After reacting to the SWAP supply zone, bears have clearly taken control of the market. Price has formed a bearish Change of Character (CH) and broken the short-term trendline to the downside, signaling a shift in market structure and weakening bullish momentum.

In addition, the bearish candle momentum is strong and consistent, showing clear selling pressure and confirming the likelihood of further downside continuation. This type of price action typically reflects aggressive participation from sellers rather than simple profit taking.

For execution, we have identified two potential entry zones, where positions can be built using a DCA (Dollar Cost Averaging) approach. This allows for better risk distribution and flexibility in case of short-term volatility.

On the downside, two key support zones have been marked on the chart, which will serve as our primary targets. These levels are expected to act as reaction points where price may slow down or temporarily reverse.

Risk management remains essential. a daily candle close above the defined invalidation level would invalidate this bearish scenario and indicate that the market structure has shifted back in favor of the bulls.

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