🔻 $CHESS /USDT – Bearish Setup Alert: Breakdown in Progress!
$CHESS is flashing red signals after a sharp rejection from the $0.0815 resistance level. Currently trading around $0.0769, the price is stuck in a weak consolidation phase with declining volume and bearish candles forming on the 30-minute chart — a classic setup for a downside move.
📉 Futures Short Trade Setup:
Entry Zone: $0.0772 – $0.0780
Target 1: $0.0750
Target 2: $0.0725
Target 3: $0.0700
Stop Loss: $0.0805
⚠️ Technical Breakdown Insight:
Momentum has shifted in favor of the bears. If price loses support at $0.0765 with volume confirmation, expect increased selling pressure to drive it toward lower targets. This setup favors disciplined short-sellers looking to ride the wave down.
🧨 Weak hands are shaking — smart money could be eyeing the next leg lower. Stay sharp.$CHESS
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