$CHESS /USDT – Bullish Momentum Recharging! ⚡️🚀
Current Price: $0.0736 (+16.64%)
24H Range: Low $0.0612 | High $0.0765
📊 Market Structure:
$CHESS has been climbing steadily, forming higher highs and higher lows on the 15m chart, indicating a short-term bullish trend.
🔍 Price Action Insight:
• A breakout above $0.0720 led to a strong rally
• Price faced resistance at $0.0765 (24H high) and pulled back slightly
• Now forming a bullish retracement with signs of continuation
🎯 Trade Setup:
• Entry Zone: $0.0720 – $0.0735
• TP1: $0.0780
• TP2: $0.0825
• Stop Loss: Below $0.0700
💡 Why This Setup Matters:
The price is bouncing from minor support, and volume is building again. If it holds above $0.0720, momentum could quickly push it past the recent high.
⚠️ Pro Tip:
Watch for a bullish engulfing candle or strong volume spike near $0.0740 to confirm the next move up!
Let’s catch the wave before the next breakout!
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