The Chiliz token (CHZ) is currently facing a market-wide selling spree and is hanging near a critical support level at $0.067. Despite a recent decline of 8.09% over the past two days, there is potential for a bullish pattern retest, as well as a post-retest reversal indicated by the intraday candle. The token finds support at the 20-day EMA and the Fibonacci level at $0.06636. However, the daily RSI suggests a decline in bullish momentum. If the uptrend continues after the retest, the token may challenge the $0.074 level and potentially reach a swing high at $0.091. Crucial support levels for Chiliz are at $0.063 and $0.058.



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