CHZ saw its price drop by 15% in the last week for BINANCE: CHZUSDT by MonoCoinSignal – Technische Analyze – 2023-01-21 07:51:39

CHZ It saw a price drop of 15% in the past week, with most of the drop coming from the previous day. After buying the support, the price moved towards the $0.1444 resistance area, as this level witnessed many reactions in the past and is considered important display level , it prompted short-term buyers to save profits. The corrective wave has a high downward slope. Therefore, there is a possibility that the price will enter a time correction. However, the very important and reliable support is around $0.1144, which is exactly on the center line of the main line. down channel . If the price reaches this area, we can expect a positive reaction. In this case, there is a possibility that after the correction, we will see another attempt to bring the price back to the resistance at $0.1144 to $0.1160.

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