$CHZ /USDT: SportFi Pivot Meets Resistance at $0.032
💡 Daily Trade Plan — SELL
🔴 Sell: $0.0315 – $0.0322
🎯 TP 1: $0.0295 – TP 2: $0.0275
🛑 SL: $0.0332
This setup targets the overhead supply zone and the 7-day SMA ($0.0322). CHZ has faced significant rejection in this area recently due to post-campaign sell pressure. If the price reaches this zone on low volume during the US session, it is likely to find resistance and pull back to retest the $0.029 support level.
🚀 Recommendation
I recommend going for the SELLING trade.
As of today, December 19, 2025, Chiliz is showing structural weakness, trading below major moving averages with a bearish MACD crossover risk. While the 5% intraday bounce is a positive sign, it looks more like a relief rally within a larger downtrend. The "SportFi" adoption news has yet to trigger a sustained breakout, and the current market dominance of Bitcoin ($BTC ) continues to drain liquidity from mid-cap altcoins like CHZ. Selling the rally near $0.032 offers a better risk-to-reward ratio than "catching a falling knife" at the $0.030 support.