🔻 $CHESS /USDT BEARISH SETUP – PRESSURE BUILDS BELOW $0.0800! ♟️📉
CHESS is losing momentum, trading at $0.0757 (-3.93%), after repeated rejections near the $0.0800 resistance. With declining volume and lower highs, the bears are in control. 🐻⚠️
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📊 KEY LEVELS:
🔹 Resistance:
• $0.0800 – Immediate resistance
• $0.0850 – Key bearish rejection zone
• $0.0860 – 24h high
🔹 Support:
• $0.0722 – 24h low
• $0.0700 – Crucial support level
• $0.0650 – Breakdown target
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📉 TRADE SETUP (SHORT):
🎯 Entry: $0.0755 – $0.0770 (short on weak bounce or rejection)
🎯 Targets:
• TP1: $0.0722
• TP2: $0.0700
• TP3: $0.0650
🛑 Stop Loss: $0.0815 (above local resistance)
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🛡️ RISK MANAGEMENT:
Risk only 1–2% per trade. Always use a stop loss and avoid emotional trades. Let the setup confirm before entry. 💼📊
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📢 CHESS is crumbling – break below $0.072 could lead to further downside! 🔻📉♟️
#USCorePCEMay #BTC110KToday? #BinanceAlphaAlert #BinanceAlphaAlert #Write2Earn! $CHESS