- The bullish trend in the CHZ market fades after hitting resistance at $0.1394.
- Indicators imply that the bear rule in the CHZ market is far from over.
- CHZ price drops by more than 8% as bulls despair.
Bullish efforts to recoup market share in Chiliz (CHZ) during the previous 24 hours have been rendered void after hitting stiff resistance at $0.1394. At the time of writing, the negative pressure has caused the price of CHZ to fall 8.32% to $0.1265.