$CHESS /USDT โ Gearing Up for a Breakout! ๐ฅ๐
Current Price: $0.0542 (+6.27%)
๐ Market Structure:
$CHESS has recovered strongly from its intraday dip and is now consolidating just under the 24H high. A clear bullish structure is forming with higher lows tightening toward resistance.
๐ Key Levels:
Resistance: $0.0545 (24H High)
Support: $0.0520
24H Range: $0.0482 โ $0.0545
๐ Trade Setup:
Entry Zone: $0.0535 โ $0.0540 (pre-breakout positioning)
Targets:
TP1: $0.0560
TP2: $0.0585
TP3: $0.0600
Stop Loss: Below $0.0520
๐ Market Insight:
Volume has been steadily building, and the price is compressing under resistance โ classic breakout energy. If $0.0545 is cleared with volume, CHESS could run fast.
๐ก Pro Tip:
Watch for a quick wick above resistance โ if followed by bullish follow-through, ride the momentum. Otherwise, wait for a confirmed retest before adding.
CHESS bulls, is this the breakout weโve been waiting for? Drop a โโ๏ธ CHECKMATEโ in the comments!
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