#CHESS
Key Insight
1. Bullish Scenario
- Trigger: Break and close above 0.0675 with high volume.
- Target: 0.0715 (Fib 161.8%) or higher.
- Confirmation: RSI rising above 50 + volume surge.
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2. Bearish Scenario
- Trigger.Rejection at 0.0675 and drop below 0.0613.
- Target: 0.0577 (24h low), then 0.0540 (psychological level).
- Confirmation: RSI staying below 40 + rising USDT volume.
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3. Neutral/Consolidation:
- Price may chop between 0.0613–0.0675 if no clear catalyst emerges.
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Actionable Advice
- Longs: Consider near 0.0613–0.0639 (Fib zones) with stops below 0.0577.
- Shorts: Only if 0.0675 holds as resistance and RSI stays <50.
- Watch: Volume spikes and MA(5) crossing MA(10) for trend confirmation.
