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

https://sahmeto.com/message/3246534
CryptoSignalAPP
CryptoSignalAPP
Rank: 30728
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Buy،Technical،CryptoSignalAPP

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. 🚀

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.061024
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