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Chiliz builds bullish momentum near $0.0495 resistance, eyes breakout above $0.0518 for further gains.

Technical Signals
18 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Chiliz (CHZ) has stabilized within a $0.0351 to $0.0389 range, showing signs of strong buyer interest and weakening sell pressure. The token gained momentum after reclaiming the $0.0400 level, rallying toward resistance near $0.0495 and $0.0518 with increasing volume and bullish RSI above 60. However, CHZ faces critical resistance at $0.0495, where failure to break through could lead to a pullback toward $0.0440. A successful breakout above $0.0518 could open the way to $0.0560, driven by accelerating short-covering and stronger buyer conviction.

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