⚠️ $CHESS /USDT – Short Trade Setup Spotted! 🔻
📌 Current Price: $0.0657
📊 Market Structure: Strong upward move topped at $0.0692, now followed by a series of red candles and lower highs on the 1H chart—momentum shifting bearish.
📉 Trade Setup:
Entry Zone: $0.0655 – $0.0668
Target 1: $0.0635
Target 2: $0.0612
Stop Loss: $0.0685
📌 Resistance: $0.0692
📌 Support: $0.0632
💡 Pro Tip: For safer entry, wait for a candle close below $0.0653. Watch for failed bounce attempts and weak green candles.
🔻 Price structure favors downside—short setup with good R:R potential if selling continues. Stay cautious and follow the plan.
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