$CHESS 💪 BUILDING MOMENTUM 💪
♟️ CHESS (Tranchess) Trade Setup – A Strategic Move Incoming? ♟️
Price: $0.0747
24h Volume: $2.89M USDT – moderate volume, potential pre-breakout accumulation
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📊 Market Overview:
CHESS is consolidating near the lower end of its recent range, showing signs of a potential reversal or continued grind down. With decent volume and a tight range, a sharp move could be around the corner.
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🔼 Bullish Trade Setup:
Trigger: Break above $0.0765 resistance
Targets:
First: $0.0795
Extended: $0.0830
Entry Plan: Buy on breakout with rising volume confirmation
Stop-loss: $0.0728 (below local support zone)
MACD histogram is flattening, RSI attempting to break above 50 = early momentum signals
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🔽 Bearish Trade Setup:
Breakdown Level: $0.0725
Targets:
First: $0.0700
Extended: $0.0675
Bearish confirmation if price fails to reclaim $0.075 with declining volume
Ideal setup for short scalps if support breaks cleanly
🔍 Key Technical Levels:
Immediate Resistance: $0.0765
Short-Term Support: $0.0725
Watch for: Volume spike + candle close above resistance for bullish momentum
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🎯 Strategy Tip:
CHESS is like the board — it’s all about positioning. Stay alert near support/resistance zones, and let the volume decide the direction. Ideal setup for breakout traders or range scalpers.
🚀 Play your next move on Binance — and turn your strategy into victory.
