Chiliz surges by 25% before FIFA World Cup 2026 – is $0.05 the next target for CHZ?

Chiliz (CHZ) has gained 25.6% over the week and 16.7% in just 24 hours, driven by increased speculative trading. Open Interest rose by 66%, indicating strong market engagement as traders anticipate the forthcoming FIFA World Cup.

Technical analysis shows a bullish trend with critical resistance at the $0.05 mark. Traders should monitor for signs of breakout confirmation with a weekly close above $0.051 to validate potential price increases.

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