📊 $CHESS /USDT Bullish Setup – Updated View
💹 Current Price: 0.0879 (+7.46%)
Strong volume (52.21M CHESS / $4.51M USDT) reflects solid bullish interest.
Price is mid-range between 24H High: 0.0948 and Low: 0.0794 — more upside likely.
With Liquid Staking narrative gaining momentum, $CHESS could trend higher.
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📥 Entry Zones:
🔹 0.0845 – 0.0865 (ideal pullback)
🔹 Above 0.0885 (confirmed breakout on strong volume)
🎯 Targets:
• TP1: 0.0895
• TP2: 0.0930
• TP3: 0.0960
🛡️ Stop Loss Options:
• Conservative SL: 0.0825
• Wider SL: 0.0805
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📌 Trade Triggers:
✅ Bullish rejection candle near 0.0850 zone
✅ Breakout above 0.0885 with volume confirmation
✅ RSI (4H) below 68 to ensure space before overbought zone
📈 Risk Management:
• Stick to 1:3+ risk-reward
• Trail SL after TP1
• Reassess if price fails above 0.0885
• Risk no more than 2% of total capital
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🧭 Outlook:
Favorable structure. Be patient, enter smart, and ride momentum with proper sizing.