📈 Analysis and forecast for $CHESS : is it time to exit? 🚀
As of May 27, 2025, 08:56 EEST, the price on Binance is $0.0770, with a growth of 9% over the last 24 hours. The trading volume for the day is about $5M, and the market capitalization is $15.07M (with a circulating supply of 195.77M CHESS). The growth is driven by interest in Tranchess as a platform for asset management in DeFi, as well as the overall market uptrend.$CHESS The price on Binance is $0.0770, with a growth of 9% over the last 24 hours. The trading volume for the day is about $5M, and the market capitalization is $15.07M (with a circulating supply of 195.77M CHESS). The growth is driven by interest in Tranchess as a platform for asset management in DeFi, as well as the overall market uptrend.
Technically, $CHESS is in a bullish trend. On the 4-hour chart, the price is below the 50-day moving average ($0.08), and the RSI (14) at 58 indicates moderate momentum, but the overbought zone has not yet been reached. Key levels: support at $0.075, resistance at $0.08. Breaking $0.08 could push the price to $0.09, but a drop below $0.075 would increase pressure towards $0.07.
Forecast: by the end of May, CHESS could reach $0.09 if volume is maintained. A correction to $0.07 is possible by July 2025 due to profit-taking, but with positive news, a rise to $0.12 is possible by the end of the year. The long-term target for 2026 is $0.20 if the market remains bullish. However, competition in DeFi and volatility remain risks.
Is it time to exit? After a 9% increase and the current price of $0.0770, exiting is justified when reaching $0.08–$0.09, where profits can be taken. Set a stop-loss at $0.075 for protection. For holders, the current level is moderately risky—better to consider a partial exit. Keep an eye on news about Tranchess and trading volumes; the market is unstable! #CHESS #Binance #CryptoAnalysis
