🚨 $CHESS — extreme move, now comes the test.
CHESS just got absolutely crushed, down more than 70% in a very short time. That kind of drop usually ends with panic, forced selling, and weak hands getting flushed out. Price tagged a low near 0.00564 and is now trying to stabilize.
This zone is dangerous but interesting.
After moves like this, you often see sharp relief bounces — fast, emotional, and volatile. But this is not a “close your eyes and buy” setup. Discipline matters here.
The plan is clear:
Entry zone sits between 0.00760 and 0.00820. Only take it if price holds and shows control. No chasing.
Targets are staged: First at 0.00950 for quick protection.
Then 0.01180 if momentum builds.
Final stretch near 0.01450 if the bounce really expands.
Stop loss is tight at 0.00690. If it breaks, step aside. No revenge trades, no hope trading.
This is a high-risk, fast-play environment. Secure profits early, manage risk hard, and stay calm.
Survival first. Profits come after.
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