Technical analysis by CryptoSignalAPP about Symbol CHZ: Buy recommendation (2/15/2025)

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. 🚀