🔸 First, take note of the broader context; we are potentially at the bottom and starting to bend upwards. There is a great potential for growth, and I have set two targets, with the possibility of adding more along the way. The coin is ideally suited for spot trading.
🔸 Chz is a fan token upon which well-known teams base their own coins. It's important to emphasize that these are specifically top-tier clubs, which is crucial. Currently, chz ranks 60th in terms of market capitalization and 30th in terms of daily volume. This indicates an impending movement, especially with the Champions League approaching, as fan tokens tend to be active during games.
🔸 Pay attention to the volume; it's substantial and based on the chart, it's not indicative of selling pressure.
🔸 A local uptrend has formed, as indicated by the EMA 50/100/200, with prices trading strictly above them.
Chiliz is a good option to hold until the halving.
Colleagues, these are all my own ideas and insights, which may not align with yours. Remember that every trader is unique, so always conduct your own analysis before making any trades.
I try to explain my logic in simple terms to help you understand the market. However, keep in mind that I have my own secrets that I don't fully disclose.
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