Market Overview: Chiliz/Tether (CHZUSDT)

• Chiliz/Tether (CHZUSDT) closed near a key resistance after a bullish morning rally, amid rising volume and moderate volatility.
• Price surged 1.12% during the 24-hour period, forming multiple bullish engulfing and inside bars in the morning session.
• Midday consolidation below a 0.0329 psychological level saw increasing bearish pressure, but buyers retook control in the afternoon.
• On-balance volume and price action suggest mixed momentum, with no clear overbought or oversold signals on the 15-min chart.

Chiliz/Tether (CHZUSDT) opened at 0.0325 on 2025-10-25 and closed at 0.03336 by 12:00 ET on 2025-10-26, reaching a high of 0.03342 and a low of 0.03234. Total traded volume over 24 hours was approximately 9.57 million CHZ, and total notional turnover was $318,527. Price action displayed a strong morning rally, followed by afternoon consolidation and a late-day breakout, indicating renewed bullish sentiment.

Structure & Formations

The 24-hour candlestick pattern shows a strong bullish reversal structure, with a morning session characterized by bullish engulfing and inside bar patterns. A key resistance level emerged at 0.0329, which was tested twice, with the second test resulting in a breakout. A bearish doji formed near 0.03284 in the afternoon, indicating indecision, but was followed by a sharp 0.03332 high later in the session. Support levels at 0.0327 and 0.0325 showed buying interest during pullbacks. The formation suggests that buyers are gaining control, particularly after a 1.12% rise from the session open.

Moving Averages

On the 15-minute chart, price has moved above both the 20-EMA and 50-EMA since the morning break, reinforcing the bullish trend. For daily charts, the 50-day and 200-day SMAs are positioned well below the current price level, suggesting the pair is in a short-term bullish phase. The 100-day SMA is approaching 0.0326, which could serve as a dynamic support if price retests it in the next 24 hours.

MACD & RSI

The 15-minute MACD has shown a bullish crossover with positive histogram bars in the morning session, indicating strong momentum. RSI moved into overbought territory during the afternoon, peaking at 68, which suggests a potential pause or consolidation in the near term. However, the divergence between RSI and price was minimal, indicating that the move higher is still being supported by buying pressure.

Backtest Hypothesis
To enhance this analysis, we attempted to retrieve 14-period daily RSI data for CHZUSDT to assess longer-term sentiment and potential entry/exit signals. However, the data service returned an error due to an unrecognized symbol format. In future analyses, we will attempt to use a more standardized format, such as “BINANCE:CHZUSDT” or “CHZ/USDT,” to avoid such issues. If these fail, we may consider alternative assets or exchanges where data is more readily available. Ensuring accurate symbol formatting is essential for reliable backtesting and strategy validation.

Bollinger Bands

Volatility has increased in the morning session, pushing price to the upper Bollinger Band for the first time in over 24 hours. This suggests that the recent rally is attracting speculative buying. The 20-period Bollinger Bands have widened from a narrow range, indicating a potential breakout or expansion of volatility. Price has remained above the middle band for most of the session, reinforcing the bullish bias.

Volume & Turnover

Volume surged during the morning rally, with the largest 15-minute volume spike occurring at 08:15 ET when 750,244 CHZ changed hands. Total turnover for the 24-hour period was $318,527, with the majority of the volume concentrated in the morning and late afternoon. Notably, there was no significant divergence between price and volume during the consolidation phase, indicating that the bearish pressure was not strong enough to reverse the trend.

Fibonacci Retracements

Applying Fibonacci retracement levels to the morning rally, key levels include 0.0326 (61.8% retracement) and 0.0329 (78.6% retracement), both of which acted as dynamic support/resistance during the session. Price held above the 61.8% level in the afternoon before surging to the 78.6% level and beyond. The 0.03332 high aligns with a potential 127.2% extension level, indicating that bullish momentum could continue in the next 24 hours.

Looking ahead, Chiliz/Tether appears to have broken through a key 0.0329 psychological level, with buyers showing strength into the close. If the 0.0333–0.0335 range is held in the next 24 hours, the pair may test the 0.0338–0.0340 level. However, a failure to maintain the 0.0333 level could trigger a retest of 0.0329 and 0.0327, offering a key decision point for the short-term trend. Investors should monitor volume for confirmation of any breakouts or breakdowns.