$CHESS is showing a bullish technical setup on the 1H timeframe. The price has formed a Double Bottom pattern inside a Falling Wedge — both typically signal a potential trend reversal. The breakout above the wedge resistance shows buyers are gaining control, supported by rising buy volume 📈 and RSI pushing above 60 ⚡. EMAs are tightening, indicating a possible shift in momentum soon.

Key level to watch 🔍
A sustained move above 0.03330 would confirm further upside toward the next resistance at 0.04150 🎯. As long as buyers defend this area, the bullish continuation remains valid.

Trading plan 📌
• Aggressive entry: near breakout retest around 0.0328 – 0.0333
• Safer entry: pullback toward 0.0305 – 0.0310
• Suggested SL: 0.0315 (aggressive) / 0.0292 (conservative)
• Main targets: 0.03800 – 0.04150 🏆

Risk note ⚠️
A breakdown below 0.0305 would invalidate the bullish structure and signal caution.

Conclusion 🚀
As long as the price stays above the breakout zone and momentum remains positive, CHESS has potential to extend its move higher toward its measured objective.

CHESS

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