In Downtrend Channel | Short Bias

Weekly Chart



Chiliz ( CHZUSDT) has broken down the support level ($0.0811) and closed below that level. That red candle shows strong selling pressure with RSI Oversold.
I expect CHZ will down more leg to around $0.04

Chart 4H TF



Chiliz's in triangle pattern. If price can breakout, CHZ can retest Previous Ascending Trend Line.

Wait and see