Chiliz (CHZ) is currently trading at $0.02879197, reflecting a modest 24-hour change of 1.2099%. The daily range between the high of $0.02929428 and the low of $0.02844779 shows a relatively tight trading band, indicating consolidation in the short term.

Volume stands at 22,756,861, resulting in a volume-to-market cap ratio of 7.80%, which is indicative of active trading but not overwhelmingly bullish. The hourly moving averages are showing mixed signals; the 8, 13, and 21 SMAs are all in a slight downtrend, while the 55 and 144 SMAs show a positive trajectory, suggesting potential for upward momentum if the current resistance levels are breached.

The 1-hour RSI is at 31, indicating that CHZ is approaching oversold conditions, while the 7-day RSI is neutral at 50, reflecting a lack of strong momentum in either direction. However, the 7-day price change is down 3.83%, and the 14-day and 30-day changes show declines of approximately 14.63% and 12.15%, respectively, suggesting a longer-term bearish trend.

Despite the current minor uptick, the overall trend remains bearish, as evidenced by the significant declines over the past two weeks and month. Additionally, the all-time high of $0.878633 from March 2021 presents a stark contrast to the current price, indicating substantial resistance above the current levels.

Considering the mixed technical indicators, the bearish longer-term trends, and the current price position, the recommendation is to Hold. This allows investors to assess potential breakouts from the recent resistance while avoiding the risk of further declines in a still uncertain market environment.