Technical analysis by ahmad_07 about Symbol CHZ: Buy recommendation (5/13/2025)

Fundementals Mid-cap altcoin with utility; less hype, but more real-world usage! Chiliz is a sports and entertainment token that powers Socios.com, a platform where fans can buy Fan Tokens for top sports teams. It runs on its own blockchain, with a focus on fan engagement, tokenized voting, and exclusive experiences. Bullish Catalysts - Real-world adoption: Used by massive global sports brands. - Chiliz Chain 2.0 brings more utility, staking, NFTs, and possibly DeFi. - Growing fan engagement market as sports teams adopt Web3 tools. - Partnerships: More teams joining = more Fan Token demand = more CHZ usage. CHZ is not a meme coin, and it’s not trying to be a DeFi giant. But it has real partnerships, utility, and growing adoption — especially if it becomes the go-to blockchain for sports and entertainment. If Web3 adoption continues in sports, CHZ could see a 3x–5x return or more in this cycle. Technicals Price Action looks like we pretty much bottemed out here, however, still need a higher low reclaim and flip above 0.05534ish on the daily to see an impulse towards the upside DCA / TARGETS Entry is good for now - no need to DCA just observe daily candle close above marked region and play along the trend, trimming 0.08150 - 0.10011 - 0.16625