Technical analysis by davidjulien369 about Symbol CHZ: Sell recommendation (10/1/2025)

Trade Journal Entry 2 – New Sell-Side Setup Pair: CHZUSDT Perpetual Trade Type: Sell-side trade Date: Wed, 1st Oct 2025 Time: 5:00 am Session: Tokyo to London AM Trade Details Entry: 0.04610 Profit Level (TP): 0.04100 (-8.42%) Stop Level (SL): 0.04690 (-0.71%) Risk-to-Reward (RR): 11.78 Context & Structure Major Low Spike: The prior buy-side move has now been completed; the price has hit liquidity above. Supply Zone: Overhead rejection zone at 0.046–0.047 aligning with the imbalance. FVGs: Multiple inefficiencies now beneath the price act as downside magnets. Narrative: Expectation of reversion → price to rebalance inefficiencies and retest demand lower. Key Notes The buy-side leg has successfully closed out, now flipping the bias to the sell-side with fresh liquidity targets. This sequencing is classic Wyckoff cycle rotation: accumulation → markup → distribution → markdown.