Exploring Chiliz: Insights on CHZ's Recent Surge and Traders' Opportunities

Chiliz (CHZ) has experienced a significant rally of 31.2% in January, building on previous gains. This article discusses the recent price movements, market dynamics, and what this means for traders looking to capitalize on the breakout.

Key Takeaways

Chiliz (CHZ) surged by 31.2% in January, with a notable increase stemming from a 25% gain on December 19.
The price has now surpassed critical resistance levels, positioning CHZ for potential further gains.
Technical indicators suggest strong bullish sentiment, making a continuation of the uptrend likely.
Traders should watch for potential pullbacks as buying opportunities around the key support zones.

Chiliz - All about CHZ's latest breakout and how traders can cash in on it

Chiliz Surges Above Key $0.05 Resistance Level

CHZ 3-day Chart Source: CHZ/USDT on TradingView

Chiliz bulls have made substantial strides in recent weeks. The 3-day chart indicates that the $0.05 resistance zone, a threshold that CHZ struggled to surpass for much of 2025, has finally been overcome. This bullish momentum comes alongside significant buying pressure and heightened demand, with the D3 CMF indicator rising to +0.17, reflecting increased capital inflows. The On-Balance Volume (OBV) has also surpassed previous highs from February 2025.

Such indicators suggest that the bullish trend is gaining strength, and further gains seem plausible. Traders should keep an eye on the next price targets, which are positioned at $0.067 and $0.1.

Is There a Bearish Case for CHZ?

In summary, there doesn't appear to be a substantial bearish argument for CHZ at this time. From a technical standpoint, the token exhibits strong bullish characteristics. As of this writing, trading volumes are robust, essential long-term resistance levels are broken, and the Open Interest has nearly tripled over the last three weeks.

However, a downturn in Bitcoin (BTC) prices could dampen overall sentiment across the altcoin market and possibly hinder the progress of Chiliz bulls.

Call to Action for Traders: Consider Buying the Breakout

CHZ 4-hour Chart Source: CHZ/USDT on TradingView

The breakout past the $0.05 mark presents a potential buying opportunity for traders. However, some short-term patience may be required. The 4-hour chart shows a bearish divergence between the price action and the Money Flow Index (MFI) indicator, which could indicate a brief pullback.

A retracement to the $0.0460-$0.0495 level could invite a bullish response, as this area represents a critical support zone on the 4-hour timeframe, relatable to the 50-period moving average. Given the significance of the $0.05 resistance over the previous ten months, investors and swing traders might consider going long with a stop-loss set around $0.0410-$0.0428. A potential rise towards the $0.10 mark remains a good possibility.

Closing Remarks

Disclaimer: The information provided is for informational purposes only and should not be considered as financial, investment, or trading advice. This content reflects only the author's opinion.