$CHESS /USDT 🔥 BULLISH BREAKOUT LOADING! 📈🚀
📊 CURRENT PRICE: $0.0673 (+13.30%)
⏱ TIMEFRAME: 4H
EXCHANGE: BINANCE
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🔍 TECHNICAL ANALYSIS
CHESS is showing strong bullish momentum with price breaking above the MA(7) and MA(25), currently trading at $0.0673, just shy of the recent 24h high of $0.0682.
Key Support Levels:
✅ $0.0650 (strong local support)
✅ $0.0628 (MA confluence + prior resistance turned support)
Key Resistance Levels:
❌ $0.0684 (immediate breakout level)
❌ $0.0700 (psychological + fib extension zone)
The MACD is showing a bullish crossover, while price rides above all key MAs (7, 25, 99). Volume is surging with 52.37M CHESS traded in 24h — signaling buyer dominance.
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💼 TRADE SETUP - LONG POSITION
🚀 Entry: $0.0670 - $0.0675
🎯 Take Profit Targets:
TP1: $0.0700
TP2: $0.0730
TP3: $0.0765
🛑 Stop Loss: $0.0645 (below 99 MA + structure support)
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🔐 RISK MANAGEMENT
Risk only 1-2% of your capital per trade. Stick to your SL and avoid overleveraging. 📉
Remember: Patience + Discipline = Profit! 💹
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