Chiliz (CHZ) is currently trading at $0.03335109, reflecting a slight decline of 0.72% over the last 24 hours. The daily trading range has been narrow, with a high of $0.0344466 and a low of $0.03333003, indicating limited volatility in the current market conditions.

The trading volume stands at approximately 48.55 million, equating to 14.14% of its market cap, suggesting a moderate level of interest among traders. However, the hourly moving averages are predominantly negative, with the 8 SMA at $0.0341 reflecting a decrease of 2.33%, indicating bearish momentum across multiple timeframes.

The relative strength index (RSI) indicates oversold conditions, with a 1-hour RSI of 38 and a 7-day RSI of 41. This could signal a potential for a short-term reversal; however, the broader trend remains negative, given the 7-day, 14-day, and 30-day price changes of -18.01%, -16.29%, and -33.10%, respectively.

Chiliz is significantly below its all-time high of $0.878633, reached in March 2021, highlighting its long-term downtrend. The persistent decline in price over various periods suggests a lack of strong buying interest, which may further suppress short-term recovery.

In conclusion, given the current price action, negative moving averages, and oversold RSI, the recommendation for Chiliz (CHZ) is to Hold. While there are indications of potential short-term recovery, the overall trend remains bearish, and investors should be cautious before committing further capital.