$CHESS currently trades at 0.0772 USDT, positioning itself in a bullish market structure.
With the RSI at 55.82, it indicates a healthy momentum towards upward movement.
Key resistance at 0.0815 USDT presents a likely breakout opportunity.
Traders may consider a breakout strategy, positioned near the support level of 0.0756 USDT.
However, risks include Bitcoin’s volatility and broader macroeconomic trends impacting investor sentiment.
