$CHESS /USDT – Recovery Bounce or Rejection? ⚔️📈
📊 Market Structure:
$CHESS showed a volatile spike to $0.0775 but retraced sharply, now attempting a recovery from the $0.0700 zone with higher lows forming.
📈 Trade Setup:
• Entry Zone: $0.0730 – $0.0740
🎯 TP1: $0.0755
🎯 TP2: $0.0775
🎯 TP3: $0.0800
• Stop Loss: Below $0.0705
💡 Pro Tip:
Watch for strong 1H candle closure above $0.0740 for a momentum confirmation—else it might remain choppy within range.