$CHESS /USDT BEARISH SETUP – LOSING CONTROL BELOW RESISTANCE!

Current Price: $0.0673 (-2.04%)

24h High: $0.0709 | 24h Low: $0.0664

Rejection from $0.0710 and consistent lower highs indicate bearish continuation.

KEY LEVELS TO WATCH:

Resistance Zones:

$0.0685 – Immediate resistance

$0.0710 – Strong supply zone

Support Levels:

$0.0664 – Local support (24h low)

$0.0640 – Major breakdown zone

TRADE SETUP (SHORT IDEA):

Entry Zone: $0.0673 – $0.0685

Targets (TP):

TP1: $0.0655

TP2: $0.0640

Stop Loss (SL): $0.0715

RISK MANAGEMENT:

Use tight SL and limit risk to 1–2%. Wait for rejection confirmation at resistance. Avoid overexposure in low-liquidity zones.

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