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Chiliz (CHZ) Coin Review
It tested the $0.11 support several times and attempted to reach $0.128. However, CHZ Coin appears to have lost its bullish position over the past few months. At the time of writing, the price stopped at $0.119 and saw 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 returns to the upside, $0.162 could be the medium-term target. On the other hand, in case of loss of support, the parallel channel resistance ($0.085) will be targeted after $0.103 and $0.092.
