Hello everyone, let's look at the CHZ to USDT 1 day chart. As you can see, the price has been moving in the downtrend channel for a long time.

As we can see, we have marked two support zones, the first short-term zone is from $0.1446 to $0.1028, while if the price goes lower, we can see a drop to the second zone from $0.0487 to $0.0279.

However, if the market changes its trend to an upward first zone of resistance, we have from $ 0.2187 to $ 0.2584 only when the price goes up from it, we can see greater increases around the second zone from $ 0.5186 to $ 0.7728.

Looking at the CHOP indicator , we see that on a 1-day interval, the energy on the CHOP index has been exhausted, and the MACD indicator indicates a downtrend.


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