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$CHESS USDT – Technical Analysis (Perp Futures)
Last Price: $0.06974
24h Change: +3.47%
24h High / Low: $0.07071 / $0.06549
24h Volume (CHESS): 230.09M
24h Volume (USDT): $15.72M
Mark Price: $0.06977
Momentum: 🟢 Bullish Recovery – Breakout Potential Building
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🔍 Key Technical Zones
🟩 Support Levels
$0.06740 – Minor support, recent consolidation
$0.06500 – Strong demand zone, tested multiple times
$0.05900 – $0.06150 – Deep support if trend fails
🟥 Resistance Levels
$0.07070 – 24h High / current resistance
$0.07340 – Key breakout target
$0.07600 – Swing high from previous week
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📉 Moving Averages (Volume)
MA(5): 3.91M
MA(10): 6.70M
> 🔼 Short-term volume building, but still under 10-period average — watch for stronger volume before entering a breakout trade.
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🎯 Trade Setup – Smart Entry Plan
> ✅ LONG Setup (bullish breakout):
Entry Zone: $0.06950 – $0.07000
🎯 TP1: $0.07320
🎯 TP2: $0.07580
🛑 SL: $0.06580
➡️ Confirmation: 15m/1h candle close above $0.0707 with rising volume
> ❌ SHORT Setup (resistance rejection):
Entry: $0.07070 – $0.07130
🎯 TP: $0.06720
🛑 SL: $0.07280
➡️ Ideal only if price fails to hold over 24h high
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🧠 Market Insight
CHESS has rebounded from strong support around $0.065, with bulls now attempting a breakout over the $0.070–0.073 zone.
If volume confirms, this could open the door toward $0.076+.
However, failure to break resistance could trigger a healthy retest back toward $0.067.
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📢 Social Media Caption (Ready-to-Post)
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$CHESS is moving strategically!
Price is up +3.4%, knocking on resistance at $0.0707.
Breakout = next stop at $0.073–0.076 🎯
Failure = retest near $0.067
Are you bullish or waiting for confirmation? 👀
#CHESSUSDT #CryptoTrading #BinanceFutures #Write2Earn #CryptoSetup