Chiliz ($CHZ ) is currently in a bullish market structure, trading at 0.04702 USDT, just below the resistance level of 0.04768 USDT. With a robust trading volume of 4,304,388 and an RSI of 61.32, a breakout strategy could be advantageous if it surpasses resistance. However, traders should remain cautious of potential pullbacks and monitor Bitcoin's influence and macroeconomic events, which could significantly impact CHZ’s momentum.
