Price Position and Structural State
Chiliz (CHZ) closed at 0.01321 USDT on August 30, 2026, down 4.21%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.01163 USDT, with resistance near 0.01836 USDT. A daily close below 0.01163 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
CHZ is trading below all key moving averages. MA20 at 0.013296 USDT stands as the first moving-average resistance area to watch. The more notable signal is downside extension: CHZ sits 4.63% below MA50, while its historical range runs from -55.58% to 875.77%. Price is now approaching the lower end of that historical range, which means the downside move is pronounced but also raises mean-reversion risk from a stretched position.
Trading Friction and Price Efficiency
CHZ shows moderate trading friction, with a 3-day friction score of 48.4. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased +1.73% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is positive on the 24-hour average at +0.010000%, with the 7-day average also positive at +0.010000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.35, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
CHZ remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that CHZ moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting CHZ. Over the 30-day window, the relationship is strengthening. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.818 | 0.943 | 0.668 | Strong linkage |
| 60D | 0.712 | 0.902 | 0.506 | Strong linkage |
| 180D | 0.489 | 0.865 | 0.239 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
CHZ's volatility profile is controlled rather than stretched. ATR% reads 6.41, close to the bottom of its full historical range. Bollinger Band width% reads 27.79, close to the bottom of its full historical range. 20-day Volume Z-score is -0.73. Range expansion is not leading the setup right now.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +8.19%, while RSI is 44.84.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. CHZ stays closely linked to that market condition, so broader market strength can support price behavior and keep market direction important for this asset.
Key Levels for the Next State Change
For CHZ, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.0186 USDT establishes a bullish regime, while a daily close below 55-day support at 0.01163 USDT confirms a bearish regime.