🚨 $CHESS Setup 🚨
🎯 Targets:
TP1: $0.0705 (Initial breakout target)
TP2: $0.0728 (Continuation resistance zone)
TP3: $0.0750 (Projected extension if momentum holds)
📉 Technical Analysis:
$CHESS just surged from a low of $0.0643 and is currently consolidating below the 24H high of $0.0690. With current price action at $0.0687 and momentum leaning bullish, a clean break above $0.0690 could ignite a fresh leg higher. The entry zone of $0.0675–$0.0685 is ideal for bulls aiming to catch the breakout.
🔑 Key Support/Resistance Zones:
Support: $0.0660 (Local support)
Resistance: $0.0690 (Breakout barrier)
Major trend resistance at $0.0728 — this is your bullish continuation zone.
📊 Volume Insight:
Volume is steadily building. Look for a 5–10% spike in volume to confirm breakout strength — that’s when you know the bulls mean business.
⚠️ Risk Management Tip:
Place a stop-loss just below $0.0660. If price gets rejected at resistance without volume support, breakout attempt may fail.
#CHESS #CryptoSignals #BreakoutWatch
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📌 Disclaimer:
This is not financial advice. Always DYOR and use proper risk management.