CHZ Mid Term

Chiliz (CHZ/USDT) Summary Analysis
•Support Zone: $0.0430 - $0.0610 USDT (strong demand area).
•Resistance Levels: $0.0704 → $0.0878 → $0.1111 → $0.1412 USDT.
•Trend: After a downtrend, there is a potential for recovery from support.

Scenarios:
✅ Bullish: If CHZ holds above $0.0610 USDT, the first target is $0.0704 USDT, followed by $0.0878 and $0.1111 USDT.
❌ Bearish: If CHZ falls below $0.0610 USDT, a drop to $0.0430 USDT is possible.
🔄 Neutral: Price may consolidate between $0.0610 - $0.0704 USDT.

Strategy:
🔹 Entry: Buy within the $0.0611 - $0.0500 USDT range, with a stop loss below $0.0430 USDT.
🔹 Sell: A close below $0.0610 USDT may accelerate the downtrend.

📊 Conclusion: The $0.0610 USDT level is critical—if CHZ holds above it, a rally could follow. 🚀