🚀🔥$CHESS Breakout Alert – Momentum Heating Up! 🔥
Current Price: $0.0792 – $0.0793
Timeframe: 1H & 4H
Trend Bias: Bullish 📊
🔍 Technical Breakdown (1H Chart):
✅ Strong bullish rally from 0.073 zone
✅ 20 EMA crossed above 50 EMA = Golden Cross confirmation
✅ Price action printed consecutive green candles, indicating aggressive buyer control
✅ RSI at 73.65 = Slightly Overbought zone – cooling off may occur
✅ MACD shows rising histogram & bullish crossover continuation
🔍 4H Confirmation:
✅ Major breakout candle above local range (0.076 zone)
✅ RSI: 69.49 – Still in safe bullish territory
✅ MACD: Strengthening bullish divergence
🎯 Key Levels:
Resistance: $0.0820 (break above = strong continuation)
Support: $0.0754 → $0.0733 (ideal pullback entry zone)✅
🎯 Trade Strategy (One-Sided - Bullish Bias):
🔹 Entry Zone (Buy on Dip): $0.0754–$0.0760✅
🔹 Target 1: $0.0820🎯
🔹 Target 2: $0.0880🎯
🔹 SL: Below $0.073☣️
📊 Reasoning:
Volume spike + breakout candle = bullish momentum confirmation
RSI & MACD combo shows no signs of bearish divergence
Holding above 20 EMA on all TFs = healthy uptrend
🧠 If $CHESS price sustains above $0.0795 with increasing volume, watch for a short squeeze move toward $0.088+. Use tight trailing SL once it nears $0.082.
🧭 Market rewards the patient – let the setup come to you. Never FOMO at tops.
📉 This is not financial advice. Do your own research before investing.
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