$CHESS

/USDT Short Trade Setup.!šŸšØšŸ”„

$CHESS has shown a mild uptick, but price is rejecting the $0.069–$0.070 resistance area with low volume on the upside and fading momentum.

Entry Zone:

$0.0655 – $0.0675 (preferably on a 15m lower high or bearish engulfing candle)

Targets:

1. $0.0635 (24h support zone)

2. $0.0605 (near prior base structure)

3. $0.0580 (deeper retracement to previous range low)

Stop Loss:

Above $0.0705 (clear break above resistance invalidates short setup)

Bearish Confirmations to Watch:

15m RSI divergence

Loss of 0.0650 with volume

Failure to reclaim the 15m EMA cluster

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