Chiliz (CHZ) is currently trading at $0.0416063, reflecting a 24-hour change of -2.20%. The price has fluctuated between a daily high of $0.04277324 and a low of $0.04092212, indicating a tight daily range of $0.00185112.

Trading volume stands at 39,351,128, corresponding to 9.22% of its market cap, suggesting moderate interest in the asset. The 1-hour RSI is at 43, indicating neutral momentum, while the 7-day RSI of 47 points towards a slightly bearish sentiment as the price has dropped by approximately 9.66% over the past week.

In terms of moving averages, the 8-period SMA shows a minor increase of 0.62% at $0.0413, while longer-term SMAs are reflecting declines, particularly the 144 SMA at $0.0425, which has decreased by 2.08%. The overall trend appears weak, with downward pressure evident in the 13, 21, and 55-period SMAs.

CHZ has experienced significant price changes over longer periods, with a 14-day decline of nearly 18.84% and a 30-day drop of approximately 6.54%. The all-time high for CHZ remains at $0.878633, achieved in March 2021, signifying that the current price is substantially below previous peaks.

Given the negative momentum indicated by the moving averages and recent RSI readings, alongside a significant downtrend in price over both short and medium time frames, the current market sentiment for CHZ appears bearish. Therefore, the recommendation is to hold, as further downside may present a more attractive entry point, but immediate buying is not advisable given the current market conditions.