💥$CHESS /USDT Bullish Surge with +9.84% Gains!🔥

🌟Current Price: 0.0748 USDT (+9.84%)

🌟24-Hour High: 0.0775 USDT (Resistance Zone)

🌟24-Hour Low: 0.0674 USDT (Critical Support Level)

Trading Volume (24H):

🌟CHESS: 35.87M

🌟USDT: 2.63M

#CHESS displays robust bullish momentum, steadily approaching its 24-hour high of 0.0775 USDT, buoyed by consistent trading volumes.

⚡Technical Indicators 🧩

1. Bollinger Bands: Expanding, reflecting heightened volatility—ideal for breakout setups.

2. RSI: Approaching overbought levels; caution advised for extended long positions.

3. MACD: Indicates positive divergence—momentum aligns with bullish sentiment.

4. Support/Resistance Zones: Key support level at 0.0660 USDT, while resistance zones are marked at 0.0775 USDT.

⚡Trading Plan 📝

🎖️Bullish Scenario

Type: Breakout Play

👉Entry Point: Above 0.0750 USDT (validated by rising volume)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0770 USDT

🎯TP2 (1:2): 0.0785 USDT

💢Stop Loss: Below 0.0730 USDT

🎖️Bearish Scenario

Type: Pullback Trade

👉Entry Point: Below 0.0730 USDT (confirmed rejection at resistance)

👇Take-Profit Targets:

🎯TP1 (1:1): 0.0715 USDT

🎯TP2 (1:2): 0.0700 USDT

💢Stop Loss: Above 0.0750 USDT

⚡Risk Management Strategy ⚠️

For Bullish Setup, adjust Stop Loss to Breakeven after hitting TP1 (0.0770 USDT) and book partial profits (around 50%)

Similarly, for Bearish Setup, reduce risks by moving Stop Loss to Entry upon reaching TP1 (0.0715 USDT)

⚡Key Takeaways ✍️

1. Validate breakout or pullback moves with volume surges to avoid false signals.

2. Closely monitor the 0.0775 USDT resistance zone, as its breach might unlock extended bullish rallies.

3. Exercise disciplined entries and exits amidst heightened volatility to maximize your results.

Buy Or Trade With Me On $CHESS