Chiliz

bullish

would

Divergence

Coin

<ul class="wp-block-list"><li>Chiliz breaks out of its downtrend, eyeing 170 Sats with strong momentum.</li><li>RSI reaches highest weekly level since 2021, supporting bullish trend.</li><li>Chiliz up 12% in one day, confirming breakout and potential short-term retest.</li></ul>Chiliz (CHZ) has marked a key breakout on its BTC pair, leaving behind a long-standing downtrend. The cryptocurrency has experienced a notable surge in price, up 12% in a single day, as it pushes toward the 170 Sats target. This marks a significant shift in its price action, with the first confirmed weekly close outside its previous downward channel since 2022.&nbsp;<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet"><a href="https://twitter.com/search?q=%24CHZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$CHZ</a>: The weekly close confirmed the breakout. For the first time since 2022, CHZ has left the downtrending channel on its BTC pair. Now, we could cool down a bit short-term, a retest of 50 Sats would be reasonable, my target remains 170 Sats. <a href="https://t.co/HkSl1J2beA" rel="noopener noreferrer nofollow">https://t.co/HkSl1J2beA</a><a href="https://t.co/Hd677Zfd9g" rel="noopener noreferrer nofollow">pic.twitter.com/Hd677Zfd9g</a>— Christian Ott (@ChrisOtt) <a href="https://twitter.com/ChrisOtt/status/2013517317582315776?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 20, 2026</a></blockquote></div></figure><h2 class="wp-block-heading" id="bullish-divergence-and-rsi-support">Bullish Divergence and RSI Support</h2>Chiliz’s recent price movement is further supported by a bullish divergence visible on the Relative Strength Index (RSI) chart. The RSI has reached its highest level since 2021, a strong indicator of upward momentum.&nbsp;The breakout also coincides with a shift in market sentiment, signaling that the asset could be preparing for a larger rally in the coming months. While some short-term cooling could occur, with a retest of the 50 Sats region seen as reasonable, the overall outlook remains bullish.Christian Ott, a well-known crypto analyst, has consistently emphasized a target of 170 Sats for $CHZ. The current price movement aligns with his previous analysis, with the breakout confirming the potential for further gains.&nbsp;<h2 class="wp-block-heading" id="potential-for-short-term-cooling-and-retest">Potential for Short-Term Cooling and Retest</h2>Despite the strong breakout, experts suggest that $CHZ could experience short-term cooling. A retest of the 50 Sats level is expected before any further upward movement.&nbsp;This retracement would provide a solid base for the price to gather momentum for the next leg up. The price target of 170 Sats remains intact for those who are watching for longer-term gains.The breakout from the downtrend channel is a positive signal for Chiliz holders, but caution is advised as the market continues to adjust. The potential for a retest will allow the market to stabilize before pushing higher.<pre class="wp-block-preformatted">Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.</pre>&lt;p&gt;The post <a href="https://coincryptonewz.com/chiliz-hits-new-high-as-chz-surges-12-and-eyes-170-sats-target/" rel="noopener noreferrer nofollow">Chiliz Hits New High as CHZ Surges 12% and Eyes 170 Sats Target</a> first appeared on <a href="https://coincryptonewz.com" rel="noopener noreferrer nofollow">Coin Crypto Newz</a>.&lt;/p&gt;

Chiliz Hits New High as CHZ Surges 12% and Eyes 170 Sats Target

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