🔻 $CHESS /USDT – Bearish Setup Taking Shape 🔻

Something’s shifting with $CHESS...

After pushing up hard and topping at $0.0692, price action is starting to crack. On the 1H chart, we’re seeing lower highs, soft bounces, and a string of red candles—bulls are running out of steam.

🧠 Here’s the short idea I’m eyeing:

📌 Entry Zone: $0.0655 – $0.0668

🎯 Target 1: $0.0635

🎯 Target 2: $0.0612

❌ Stop Loss: $0.0685

🧭 Levels to watch:

Resistance: $0.0692 (where the rally topped out)

Support: $0.0632 (next potential bounce zone)

⚡ Key Confirmation:

Wait for a clean close below $0.0653—ideally with weak follow-up candles or a failed bounce attempt. That’s where the edge sharpens.

💡 Why this matters:

The structure is tilting bearish. If momentum continues to slip, this could be a solid short opportunity with tight risk and decent room to run.

👉 As always, trade your plan—not your emotions. Let price prove itself first.

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