📉 Short Signal

#CHZUSDT

Entry price : 6750 - 6809

-  Signal details :

Target: 6702

Target: 6560

Target: 6417

Target: 6275

Stop-Loss : 7166

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💡After reaching the first target you can put the rest of the position to breakeven.

As of today, October 24, 2024, Chiliz (CHZ) is trading around 0.067 USDT, showing a slight decline of about 1.5% in the past 24 hours. Over the last week, CHZ has dropped by approximately 13.92%, reflecting some downward pressure, though its monthly performance still shows a positive trend of 23.65%.

On the technical front, CHZ is showing mixed signals, with oscillators remaining neutral and moving averages indicating a "strong buy" signal for the short term

However, despite today's short-term bearish movement, analysts remain cautiously optimistic due to Chiliz's role as a leader in fan engagement platforms, especially within the sports sector.

The token powers the Socios platform, allowing fans to purchase fan tokens and participate in team decisions, which strengthens its use case

$CHZ

#CHZUSDT