🔻 $CHESS/USDT – Bearish Setup on the Radar! 🔻
📍 Current Price: $0.0657
📊 Market Outlook:
After peaking at $0.0692, $CHESS has reversed course, printing lower highs and a string of red candles on the 1H timeframe—indicating a potential trend shift to the downside.
📉 Trade Plan:
Entry Zone: $0.0655 – $0.0668
Target 1: $0.0635
Target 2: $0.0612
Stop Loss: $0.0685
📌 Key Levels to Watch:
Resistance: $0.0692
Support: $0.0632
💡 Pro Tip: Increase probability of success by waiting for a confirmed candle close below $0.0653. Look for weak bullish attempts or failed bounces to validate the bearish bias.
⚠️ Momentum Watch:
The structure leans bearish, and if sellers maintain control, this short offers strong risk-reward potential. Stick to your levels, manage risk tightly, and let the setup play out.
🧠 Trade with precision—let the chart do the talking. ✅
