CHZUSDT (4H): Descending Wedge Breakout & Liquidity Sweep Setup

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CHZUSDT (4H): Descending Wedge Breakout & Liquidity Sweep SetupCHZUSDT Perpetual Swap ContractOKX:CHZUSDT.PAltsignalsMarket Structure & Technical Breakdown CHZUSDT has been grinding lower inside a prolonged 4H descending channel/falling wedge structure since late September. Price is currently compressing right at the apex of this structure around 0.01071, showing clear signs of seller exhaustion as the downward momentum slows into a key psychological demand zone. The Game Plan (Liquidity Sweep & Reversal) Instead of chasing the initial push, the high-probability play here is waiting for a controlled liquidity sweep below recent local lows into the 0.01020 – 0.01040 demand block (highlighted in purple) to trap late shorts and trigger a structural shift. Entry Zone: 0.01035 – 0.01071 (looking for a sweep of the lower wedge trendline followed by a strong 4H reclaim) Invalidation / Stop Loss: 0.00980 (clean 4H candle close below the demand zone and psychological 0.01000 support) Primary Target (TP1): 0.01150 – 0.01200 (mid-range structural resistance) Extended Target (TP2): 0.01305 (top of the Risk/Reward projection & previous breakdown level) Key Confirmation Watch for a decisive 4H candle close above the upper descending trendline (~0.01085) after tapping the lower demand block. Once reclaimed, momentum should accelerate quickly toward the 0.01200+ liquidity pool. Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice. Always manage your risk and size positions accordingly.