$CHESS /USDT Dipping Lower — But a Rebound Could Be Close!

$CHESS is currently trading at $0.0710 (-1.93%), nearing its 24h low of $0.0657 after a steep drop from $0.0822. The price has slipped below all key EMAs, reflecting short-term bearish momentum:

Despite the weakness, volume remains strong at 93.94M CHESS, hinting at a potential bounce from the key demand zone between $0.068 – $0.071.

📊 Trading Plan:

• Entry Zone: $0.0680 – $0.0715

• Take Profit 1: $0.0735

• Take Profit 2: $0.0765

• Take Profit 3: $0.0795

• Stop Loss: $0.0645

📌 A promising setup for short-term traders targeting reversal opportunities after heavy liquidations.

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