$CHESS /USDT – Bullish Breakout Above Range Resistance!
Momentum Analysis:
CHESS has jumped to $0.0747 (+12.16%), climbing steadily on strong volume and breaking out from its consolidation zone. With 24h high at $0.0777 and significant buyer interest above $0.0700, the price action suggests a continuation pattern. Liquid staking narrative adds tailwind support.
🔹 Long Setup
Entry Zone: $0.0720 – $0.0750
Targets:
T1: $0.0788
T2: $0.0835
T3: $0.0890
Stop Loss: $0.0664
📈 Breakout Confirmation Level: $0.0777
🔻 Key Support: $0.0664
🧠 Pro Tip for Traders:
Break and hold above $0.0777 signals strength. Watch for volume spikes and use trailing stops after T1. If it retests $0.0700 and holds, consider that a second-chance entry.
📊 Trading Data
Current Price: $0.0747 (+12.16%)
24h High / Low: $0.0777 / $0.0664
24h Volume:
CHESS: 70.81M
USDT: 5.09M
📉 Order Book Depth
Resistance Levels: $0.0787, $0.0777
Support Levels: $0.0747, $0.0699, $0.0655, $0.0611, $0.0577, $0.0567
🕒 Timestamp: 2025-06-08 21:00 UTC