$CHESS /USDT.P PULLBACK IN PLAY BEARS STILL IN CONTROL BELOW $0.0690
$CHESS bounced strongly from $0.0588, gaining over +14% today. However, price is still trading under major resistance at $0.0690, which previously triggered a sharp selloff. Until that level is reclaimed, this move appears to be a short-term bounce within a broader downtrend.
š Technical Overview (4H Chart)
ā¢ Major Resistance Zones: $0.0690, $0.0715
ā¢ Local High Before Reversal: $0.0692
ā¢ Recent Low: $0.0560
ā¢ Support Zone: $0.0588 ā $0.0600
ā¢ Volume: 31.00M CHESS (24H)
š Trade Setup (Pullback Play)
ā¢ Entry: $0.0660 ā $0.0675
ā¢ TP1: $0.0620
ā¢ TP2: $0.0588
ā¢ SL: $0.0695
Note:#CHESS Momentum is improving but the structure still favors lower highs. Any rejection below $0.0690 could restart the downtrend. Stay cautious unless a breakout confirms strength.
buy and trade here on $CHESS
