🚀 $CHESS / USDT – Preparing for a strategic breakout!
0.0665 +7.95%
Entry rate: 5% of capital
Trade success rate: 72%
$CHESS shows strong momentum on the 4-hour interval, with a breakout from the accumulation base backed by increasing trading volume.
🔹 Ideal entry area:
From 0.0650 to 0.0670
🎯 Targets:
• Target 1: 0.0705 – Near the resistance of the last long candle
• Target 2: 0.0740 – Local extension from the previous pump
• Target 3: 0.0785 – Strong profit-taking area in case the momentum continues
🔻 Stop loss:
0.0635 – Below the breakout candle and short-term support
🧭 Important levels:
• Support: 0.0620 / 0.0635
• Resistance: 0.0705 / 0.0740
• Pivot area: 0.0675 – Watch the price interaction here to confirm continuation
📌 Professional tip:
If the 4H candle closes above 0.0705 with a trading volume higher than 2M USDT, expect a sharp surge.
Take a portion of the profits at the second target, and leave the rest with a trailing stop.
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