$CHESS

/USDT Technical Analysis Report

CHESS is experiencing a sharp pullback, currently trading at $0.0619, down -10.55% on the day. After reaching a 24h high of $0.0720, the token slipped to a low of $0.0582, reflecting strong selling pressure. Despite the drop, volume remains notably high with 98.36M CHESS traded and $6.17M USDT in liquidity, signaling that traders are actively repositioning and volatility is far from over — a thrilling setup for opportunistic buyers.

Support appears to be forming around the $0.0582–$0.0566 range, and if CHESS can stabilize above this zone, a potential recovery toward $0.0701–$0.0769 could follow. The resistance at $0.0836 remains key for any bullish reversal. Traders should keep an eye on volume spikes and candlestick formations at current levels — this correction may just be the precursor to a bounce. The game isn't over for CHESS; in fact, the next move could checkmate the bears!