CHZ is setting up an interesting technical pattern worth monitoring. The token is attempting to break above a bull flag formation, with $0.38 serving as a critical resistance level. A sustained break and close above this zone could trigger a move toward $0.48-$0.50 on the upside.

What's notable is CHZ's relative strength in today's market—it's holding gains while most altcoins are in red on leading exchanges. This outperformance suggests accumulation interest ahead.

For traders and investors, CHZ (the native token of the Chiliz sports and entertainment ecosystem) deserves close attention over the coming weeks and months. Watch for confirmation at the $0.38 level; if buyers defend this zone, the bull case strengthens considerably.