Chiliz’s price surged to 0.038 USD amid increased trading activity, as its market cap hit 393.19 million USD. Despite strong bullish sentiment from traders, resistance around 0.045 USD poses a challenge for sustained upward movement.
The majority of Binance’s top traders hold long positions, indicating a bullish outlook. However, selling pressure remains evident, highlighting the need for caution as the market navigates potential resistance levels.
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