$CHESS Rebounding Strong Momentum Reawakens.... $CHESS is positioning for a breakout as it pushes off the $0.0701 support and approaches the recent local high of $0.0762. With consistent higher lows and volume building up, the market appears to be preparing for the next move. Price action is consolidating just below resistance, suggesting buyers may soon take control.
Long Trade Setup (4H Timeframe):
• Entry Range: $0.0743 – $0.0750
• Take Profit 1: $0.0785
• Take Profit 2: $0.0822
• Take Profit 3: $0.0870
• Stop Loss: $0.0692
Technical Highlights:
• Strong bounce from the $0.0645 bottom....
• Bullish structure with breakout potential above $0.0762.....
• Healthy consolidation zone forming near resistance....
• Order book imbalance shows 61.67% sell-side pressure any flip could ignite a quick rally
$CHESS is back on the board with strategic momentum. A clean break and hold above $0.076 could lead to a sharp continuation toward higher targets.
