$CHESS / USDT ā Slipping Into Support Zone šš§
$CHESS is continuing its steady descent, now trading at $0.0620 after breaking below recent support levels. With declining volume and no sign of reversal, bears remain firmly in control.
š Trade Setup (Bearish Bias):
⢠Entry Zone: $0.0620 ā $0.0635
⢠Target 1: $0.0590
⢠Target 2: $0.0560
⢠Final Target: $0.0525
⢠Stop Loss: $0.0665
ā Outlook:
The trend remains decisively bearish on the 4H chart, forming consistent lower highs and lows. Any recovery bounce may serve as another short opportunity unless the price reclaims $0.068+ on strong volume.
#LiquidStaking #CHESSUSDT #Altcoins #BinanceUpdate #BearishTrend