Trading Signal $CHESS /USDT
Current Price: $0.0782
Bullish breakout, followed by slight pullback (possible continuation or short-term correction)
Entry Level: $0.0760 – $0.0770 (wait for minor retracement for better risk/reward)
Target Price (TP):
TP1: $0.0796 (previous high)
TP2: $0.0820 (potential next resistance if breakout continues)
Stop Loss (SL): $0.0740 (below recent support and key breakout zone)
Volume Confirmation: Strong volume spike confirms breakout strength (24h Vol: 31.48M CHESS)
Strategy Suggestion:
If price holds above $0.0760, consider entering long.
Monitor closely around $0.0796; if broken with volume, look to ride toward $0.0820.
Place SL cautiously to avoid false breakout traps.
