$CHESS Short Liquidation Alert!
🔥 $5,110.60 in Shorts Liquidated at $0.06753
CHESS just broke the chains! Bears were betting on a breakdown — but instead, the price surged and forced short sellers to exit at $0.06753. This liquidation event signals strong bullish momentum kicking in with upside potential brewing.
What Just Happened?
• Short traders got caught off-guard as CHESS moved upward, triggering forced liquidations.
• This is a bullish signal, showing strength and rising demand.
• Short squeezes like this often ignite fast upward moves.
Market Sentiment:
• Turning bullish, especially if CHESS holds above $0.066.
• Volume and momentum are aligning — a squeeze rally might just be getting started.
• Sentiment shift could attract fresh breakout buyers.
Next Move:
• Watch for a break and hold above $0.0685–$0.070 to confirm bullish continuation.
• If that level breaks with volume, CHESS could rally sharply.
• Any dips toward $0.065 can be seen as re-entry zones if structure stays intact.
Upside Targets:
• TG1: $0.0718 – immediate upside
• TG2: $0.0759 – resistance from previous highs
• TG3: $0.0810 – breakout extension zone
Pro Tip: Short squeezes are momentum gold. If BTC stays stable, CHESS could grind higher fast. Look for candle closes with strength — and ride the breakout.
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