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. #crypto
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#Chiliz (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. #crypto