Price continues to respect the long-term descending trendline, keeping structure bearish. Recent rejection from the $0.05–$0.06 supply zone confirms strong overhead resistance. Support sits around $0.025–$0.02; losing it could trigger further downside. Bias remains bearish unless price breaks and closes above the descending resistance. $CHZ
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Chiliz TA (1W Outlook)
Price continues to respect the long-term descending trendline, keeping structure bearish.
Recent rejection from the $0.05–$0.06 supply zone confirms strong overhead resistance.
Support sits around $0.025–$0.02; losing it could trigger further downside.
Bias remains bearish unless price breaks and closes above the descending resistance.
$CHZ