CHZUSDT looks bullish in HTF!!

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Let's analyse CHZUSDT both fundamentally and technically.

FUNDAMENTAL ANALYSIS:
Chiliz is the leading digital currency for sports and entertainment by the eponymous Malta-based FinTech provider. It operates the blockchain-based sports entertainment platform Socios, which enables users to participate in the governance of their favorite sports brands. Multiple fan tokens by Socios.com are an example of that. For sports clubs and associations, fan tokens offer a way of connecting with their fans and unlocking new revenue streams.

TECHNICAL ANALYSIS:
CHZUSDT is currently trading within a triangular pattern. The price has recently rebounded from a support level, indicating potential upward momentum. Accumulating CHZ within the green channel could be considered a favorable entry strategy, as a bounce back from this channel is highly probable. Additionally, a bullish crossover in the MACD suggests a potential upward trend.

Entry Zone:
Inside the green zone.

Targets level:
Expecting 7x-9x in long term.

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