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

FundementalsMid-cap altcoin with utility; less hype, but more real-world usage!Chiliz is a sports and entertainment token that powersSocios.com, a platform where fans can buy Fan Tokens for top sports teams. It runs on its own blockchain, witha focus on fan engagement, tokenized voting, andexclusive 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.TechnicalsPrice 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 upsideDCA / TARGETSEntry 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