After a two-and-a-half-year decline, CHESS is currently operating within a typical descending wedge structure.
The current price is at the lower boundary of the channel, in the historically low range of 0.07~0.08, with the technical aspect showing signs of bottoming convergence.
Why choose to ambush here?
Repeated touches on the lower boundary form potential support.
Volatility convergence, low trading volume, and the main force may be quietly changing hands.
The upper pressure level is clear, with target levels of 0.12~0.15, offering considerable space and a clear expectation for a short-term rebound.
Trading is not about betting on thin margins, but patiently waiting for low-risk, high-potential opportunities to arise.
When most people despair and exit, it is often the starting point of opportunity.
I choose to ambush early and wait for the dawn to break.
This is a controllable risk speculation and a test of time.
Do not be greedy, do not panic, take a light position and watch the changes.