😱🚀🚀Why is Chiliz (CHZ) increasing?

Is CHZ Bull closed?

Preparations for the Champions League Final and EURO2024, have left token fan enthusiasts smiling. $CHZ , which entered the list of “top gainers of the day” after a long break, has recorded an increase of more than 10% in the last 24 hours. The positive performance of the altcoin market and the popular coin, which has the fundamental analysis wind behind it, looks like it will keep its name for a while yet.

But what level should be monitored in the CHZ?

Chiliz (CHZ) Graphical Analysis

CHZ, which has been gaining momentum on the back of positive news, has maintained a strong stance since testing the $0.08410 level. The popular altcoin, which is approaching a key resistance zone with its recent upward price movement, remains above its respective December range of $0.15260 – $0.16461. 0.17857 – 0.20446 – 0.23206 – 0.26547 and he could target 0.29656 USD. In the opposite scenario, the levels that can be followed as support are $0.12420 – 0.08410 and $0.06000, respectively.