Something feels off with $CHZ ‌ right now.

I’ve been watching this 1D chart for a bit and the bleed is getting hard to ignore. We are sitting at 0.03266 and it’s basically just sliding down a slide at this point.
The price action is stuck in a heavy downtrend. Every time it tries to breathe, a lower high gets formed and the sellers just step back in. We are hovering right near that local bottom around 0.031. If that support doesn't hold, the floor is going to feel very far away.
The volume isn't exactly screaming "reversal" yet either. It’s mostly just passive selling. I’m looking for a solid double bottom or at least some high-volume exhaustion candles before I even think about a long here. For now, it’s just a falling knife.
Patience is the only play here. Don't catch it too early.

#BuyTheDipOrWaitNow?