$CHESS USDT – BEARISH SIGNAL AFTER SHARP RALLY! CONSOLIDATION LOOKS HEAVY
RALLY STALLS BELOW $0.0840
MACD PEAKING – MOMENTUM LOSING STRENGTH
After a powerful breakout from $0.0710, $CHESS has hit resistance near $0.0839 and is now showing signs of exhaustion with tight-range red candles forming a potential top. MACD is flattening, signaling weakening bullish momentum.
Short Trade Setup
Short Entry: $0.0810
TP1: $0.0780
TP2: $0.0755
SL: $0.0845
If bulls fail to push above $0.0840, expect a pullback as profit-taking kicks in. Watch for breakdown confirmation on lower timeframes.
#CHESSUSDT #CryptoSignals #BearishSetup #AltcoinAnalysis #BinanceFutures