$CHESS USDT BEARISH PULLBACK: IS THE RALLY LOSING STEAM? ♟️🔻

CHESS/USDT surged earlier to a high of 0.0963 but has retraced back to 0.0934 (+12.12% today). The market shows signs of losing bullish momentum with multiple rejection wicks near the recent high, indicating sellers are stepping in. A deeper correction is likely if it fails to reclaim 0.0950.

🔹 TRADE SETUP (SHORT):

• Entry: 0.0938 – 0.0945

• Take Profits: TP1: 0.0925, TP2: 0.0918, TP3: 0.0905

• Stop Loss: 0.0960

📉 MARKET OUTLOOK:

Price action suggests CHESS is entering a minor bearish phase after its rally. Watch for further lower highs and confirmation of selling pressure under 0.0930 to validate downside continuation.

#CryptoTrading #CHESS #Binance #Altcoins #BearishSetup

buy and trade here on $CHESS

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