🚀 $CHESS /USDT Quick Bounce or Trap? 🧠📉

$CHESS is trading at $0.0827 (+7.81%) after pulling back from the 24H high of $0.0860. The 15-minute chart shows a sharp bounce, but high volatility means caution is needed. Either price holds and pushes higher, or another dip could unfold.

📈 Long Trade Setup

• Entry Zone: $0.0810 – $0.0830

• Target 1: $0.0855

• Target 2: $0.0880

• Target 3: $0.0912

• Stop Loss: $0.0790

Market Outlook:

The quick rebound looks promising, but confirmation is key. If $CHESS stabilizes above $0.0830 with consistent volume, upside continuation is in play. Otherwise, another wave down could hit. Let the structure form before jumping in stay disciplined.