🎯 $CHZUSDT Trading Setup – June 23, 2025

Chiliz ($CHZ) is sitting at a critical support near $0.031, with signs of oversold bounce potential. Will the bulls defend this zone or are we heading for a deeper dip? Let’s break it down 👇

🔹 Current Price: ~$0.0326

🔹 Support Zone: $0.030 – $0.031

🔹 Resistance Zone: $0.033 – $0.035

🔹 Breakout Level: $0.045 – $0.050

🔹 Trend: Bearish (macro), but oversold bounce likely

📌 Trade Ideas:

1️⃣ Scalp Long:

• Entry: $0.031 – $0.0315

• Target: $0.0330 – $0.0350

• SL: $0.0295

2️⃣ Breakout Trade (above $0.045):

• Target: $0.070

• SL: $0.043

⚠️ Tight risk management is key. Watch volume — only strong breakouts matter in this zone!

🚀 Could this be a turning point for CHZ?

#CHZ #Altcoins #TechnicalAnalysis #CHİLİZ $CHZ