Chiliz (CHZ) is currently trading at $0.0486, reflecting a 6.36% increase over the last 24 hours. The daily price range has been between $0.0456 and $0.0515, indicating a moderate level of volatility, with a daily range of 0.0059.

Volume for CHZ stands at approximately 191.35 million, which represents 38.56% of its market cap, suggesting a healthy trading activity that could support further price movement. The hourly moving averages indicate a bearish trend in the short-term, with the 8 SMA at $0.0487 down 0.24%, while the 55 SMA at $0.0465 shows a positive shift of 4.49%, indicating potential support levels.

The 1-hour RSI is at 32, indicating oversold conditions, while the 7-day RSI at 54 shows a neutral stance. The 7-day price change of 8.53%, 14-day change of 33.04%, and 30-day change of 43.31% highlight a strong upward momentum over the past month, despite the recent short-term correction.

Chiliz’s all-time high remains at $0.8786, established in March 2021, suggesting significant long-term upside potential. Given the current price action, bullish sentiment in the longer timeframe, and the oversold condition reflected in the 1-hour RSI, there is potential for a rebound.

Based on this analysis, the rating is a Buy. The combination of short-term corrections, healthy volume, and positive long-term trends suggests that CHZ could be poised for a recovery, making it an attractive entry point for investors looking to capitalize on potential future gains.