Chiliz (CHZ) is currently priced at $0.0456, reflecting a 6.30% increase in the past 24 hours, indicating a potential short-term bullish momentum. However, the price remains significantly below its all-time high of $0.8786, suggesting a long-term downtrend still persists.

The daily trading range of $0.0043 alongside a volume of 113,886,083 indicates a relatively active market, with the volume to market cap ratio at 24.37%. The current 1-hour RSI of 50 suggests neutral momentum, while the 7-day RSI at 44 indicates bearish sentiment, reflecting the recent price decline of 8.44% over the past week and 24.96% over the past two weeks.

Technical indicators show mixed signals; the 21 SMA at $0.0455 is showing slight positive movement (+0.25%), while the 8 SMA at $0.0463 and 55 SMA at $0.0467 indicate minor bearish trends. The 144 SMA at $0.0509 is significantly below the current price, suggesting a strong resistance level above the market.

Given the recent upward movement, there is potential for a bounce, but with a 30-day price change of +4.22%, the momentum appears weak overall. The bearish indicators from the longer-term perspectives, particularly the 14-day price drop, highlight that any short-term gains may not be sustainable.

In conclusion, while the recent price increase shows potential for short-term trading opportunities, the prevailing bearish trends and resistance levels suggest caution. Therefore, the current rating for Chiliz (CHZ) is a Hold, with a recommendation to monitor for further bullish confirmation before considering a Buy.