$CHESS /USDT – BEARISH PRESSURE BUILDING ⚠️📉
$CHESS is currently struggling to maintain bullish momentum despite a +10.74% surge, as indicators point to potential exhaustion and resistance ahead.
🔹 Current Price: 0.0670 USDT
🔹 EMA Status:
• EMA(7): 0.0670
• EMA(25): 0.0671
• EMA(99): 0.0657
📉 Price is hovering under short-term EMAs – lack of clear bullish confirmation
🔑 KEY LEVELS:
❌ Resistance Zone: 0.0685 – 0.0690 (watch for rejection)
✅ Support Zone: 0.0655 – 0.0646
🟡 Critical Breakdown Level: 0.0636
📊 TECHNICAL INDICATORS:
• MACD: Weak bearish crossover (-0.0001)
• RSI(6): 48.63 – Neutral, leaning weak
• Volume: Flat – no strong
#CEXvsDEX101 #TradingTypes101 #TrumpMediaBitcoinTreasury #PCEMarketWatch #MarketPullback $CHESS