Chiliz (CHZ) Coin Review

It tested the $0.11 support many times and made attempts at $0.128. However, CHZ Coin seems to have lost its bullish stance in the last few months. At the time of writing, the price stalled at $0.119 and experienced a daily increase of 1.5%. The delay in network upgrades and the flight of investors who could no longer profitably wait may have contributed to this weakness.

If the direction turns upwards again, $0.162 could be the medium-term target. On the other hand, in case the support is lost, parallel channel resistance ($0.085) will be targeted after $0.103 and $0.092.

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