$CHESS /USDT โ€“ 24-Hour Trading Outlook (June 23, 2025)

#Analaysis๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿš€

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Current Snapshot๐ŸŽฏ

Price: $0.0732 (+10.91%)

24h High / Low: $0.0739 / $0.0641

24h Volume:

CHESS: 41.31M

USDT: 2.84M

Depth Resistance: $0.0746

Recent Key Levels:

$0.0739 (high)

$0.0718 (minor support)

$0.0691 / $0.0664 / $0.0637 (tiered supports)

Volume (Latest): 1.02M

MA(5): 1.89M

MA(10): 2.17M

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Moving Averages Overview

MA Period Value Status

MA(7) 0.0724 Support

MA(25) 0.0683 Strong Support

MA(99) 0.0697 Turning Positive

๐Ÿ“ˆ Price is above all major moving averages โ†’ confirms bullish continuation structure.

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Technical Signals

Momentum: Bullish with volume confirmation, but note slightly declining short-term volume trend.

Support Levels:

$0.0718 (immediate)

$0.0691 (MA99 backup)

$0.0664 / $0.0637 (deep retrace levels)

Resistance Zones:

Immediate: $0.0746

Breakout Targets: $0.0775, then $0.0800+ psychological

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Forecast (Next 24 Hours)

Outlook: Bullish bias remains intact

Expected Range: $0.0700 โ€“ $0.0755

Breakout Probability: If price closes above $0.0746 with rising volume, expect test of $0.0780+

Retracement Watch: If price dips below $0.0718, watch for buy interest near $0.069โ€“$0.070

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โœ… Trade Considerations

Scalpers: Watch breakout above $0.0746 with target near $0.078

Swing traders: Entry between $0.069โ€“$0.071 with target near $0.080

Risk Zone: Breakdown below $0.066 invalidates short-term bullish thesis

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