Chiliz’s native token, CHZ, is experiencing significant bearish momentum, falling 4.54% in 24 hours and 18.32% for the week. The token trades at $0.01470 with key support at $0.03. Analysts note the price is trapped in a long-term descending channel dating to 2021, with macro weakness confirmed until a break above $0.05 occurs.
Chiliz (CHZ) extended its bearish trend on Monday, February 22, 2026. The token fell approximately 4.54% over the past 24 hours following a weekly decline of 18.32%.
According to CoinMarketCap data, CHZ is trading at $0.01470. Its market capitalization declined 4.52% to $353.41 million as 24-hour trading volume dropped 28.5% to $47.98 million.
Technical analysis shows the price trading below key moving averages on the weekly chart. Immediate resistance is seen between $0.037 and $0.040, while support is critical at the $0.030–$0.032 zone.
A crypto analyst stated CHZ remains inside a long-term bearish channel from its 2021 peak near $0.85. They noted major resistance levels are at $0.85, $0.53, $0.30, $0.16, $0.085, and $0.05.
“The macro trend is bearish until the end of the pattern,” the analyst wrote. The price is currently ranging around $0.03-$0.04, supported by the channel’s lower boundary.
Key support levels are identified at $0.03, $0.02, and $0.01. For a bullish reversal, the token must first hold $0.03 support and break above the $0.05 level.
Market observers warn volume has declined since 2021 without a major accumulation surge. They state a structural confirmation is needed before any major upside movement can be expected.
