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taika808
Jan 15, 2024 2:17 PM

Chiliz | From Pivot to Mid-Range | ~80% Long

Chiliz / TetherUSBinance

Description

CHZUSDT is showcasing promising signs, holding steady above the pivot point and the 200-day Simple Moving Average. This positioning indicates a bullish outlook towards the mid-range target of $0.16. Investors should, however, be mindful of potential resistance near the Average AVWAP, which is currently at $0.14.

Comment

The development of the trade is going very well; we're already up by 20%. Additionally, CEO Alexandre Dreyfus has announced that they will update the tokenomics of the token.

Trade closed: target reached

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