Chiliz (CHZ) is currently trading at $0.03495, experiencing a 4.01% increase over the last 24 hours. The price fluctuated between a high of $0.03593 and a low of $0.03327, indicating a daily range of approximately 7.87%, suggesting short-term volatility.

The trading volume stands at 60,263,731, which represents 16.75% of the market cap, suggesting a relatively active market. The hourly moving averages reflect mixed signals, with the 8 SMA showing a slight decline of 1.54%, while the 21 SMA indicates a positive trend of 0.90%, indicating potential for upward momentum in the short term.

The 1-hour RSI is at 69, approaching overbought territory, which could indicate a potential price correction soon. In contrast, the 7-day RSI is at 45, suggesting that CHZ is currently trading within a neutral range, and it could be undervalued on a longer timeframe.

Despite the recent 7-day price change of -11.53% and a 30-day price drop of 35.07%, the short-term uptick could signal a rebound opportunity. However, given the broader downtrend over the past month, traders should proceed with caution.

The all-time high for CHZ was $0.8786 in March 2021, which sets a significant resistance level that is currently far from the present price. Investors should be aware that the substantial distance from this high implies a need for strong bullish catalysts to reach such levels again.

In conclusion, considering the short-term upward movement alongside longer-term bearish trends, a Hold rating is warranted. While short-term traders may find opportunities, long-term investors should wait for clearer bullish signals before committing additional capital.