$CHESS Long Liquidation Alert
Liquidated Amount: $9,652.8
Price Level: $0.06999
Heavy pressure just hit $CHESS — nearly $10K in long positions got wiped out right at the $0.07 zone. This is a clear signal: weak hands are getting flushed out.
Why It Matters:
The $0.07 area is a key psychological and technical level.
Liquidations like this often trigger short-term panic followed by smart money accumulation — or further breakdown.
Could be a liquidity grab before a bounce... or the start of deeper downside.
Watch the $0.068–$0.070 zone closely.
Strong recovery above $0.072? Could signal bounce potential — possible short-term long.
Break below $0.068? More downside likely — consider short setups or wait for lower entries.
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