$CHESS
/USDT Strong Bearish Pressure Confirm.!💯 Potential Recovery Incoming .:📈🔥✅
$CHESS is trading at $0.0641, down hovering just above its 24h low of $0.0637. Despite the drop, volume is steady (14.85M CHESS), hinting at accumulation near key support. As a Liquid Staking asset, CHESS may benefit from DeFi rotations after heavy corrections.
Entry:
0.0635 – 0.0650 (watch for price stability with uptick in volume)
Targets:
🎯 Target 1: 0.0690 (intraday recovery zone)
🎯 Target 2: 0.0725 (24h high retest)
🎯 Target 3: 0.0780 (mid-April supply zone)
Stop Loss:
0.0612 (below recent low to protect from deeper drop)
Key Levels:
Support: 0.0635, 0.0612
Resistance: 0.0690, 0.0725
Pivot Point: 0.0665
Pro Tip:
Look for a 15m or 30m bullish engulfing candle or a MACD crossover before entering. CHESS has a history of short, sharp bounces—if momentum kicks in above $0.0690, trail stops tightly to lock in gains.
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