Chiliz (CHZ) is currently trading at $0.0409, exhibiting a modest 24-hour increase of 1.54%. The price remains within a daily range of $0.0398 to $0.0416, indicating a stable trading environment with a volume of approximately 32.5 million, representing 7.73% of its market cap.

The hourly moving averages reveal mixed signals; while the 8 SMA shows stability at $0.0409, the 55 SMA indicates a slight bearish trend at $0.0417, down 1.86%. The 1-hour RSI is at 57, suggesting a bullish momentum, while the 7-day RSI at 52 indicates the asset is nearing neutral territory, reflecting a lack of strong directional bias.

Over the past week, CHZ has gained nearly 0.87%, but this is overshadowed by significant declines of 11.78% over the last 14 days and 34.78% over the past 30 days. The recent price action suggests a potential consolidation phase as the asset attempts to stabilize after substantial losses.

Given the current price relative to the all-time high of $0.8786, there remains considerable upside potential, but the bearish trends in the longer time frames warrant caution. Overall, the mixed signals from moving averages and RSI metrics indicate that CHZ lacks clear momentum for a sustained rally.

Based on this analysis, the recommendation for CHZ is to Hold. While there is potential for a short-term recovery, the overall bearish trends in longer timeframes and recent volatility suggest that entering a position now may not be optimal until clearer bullish signals emerge.