$CHESS /USDT BEARISH MOVE DEVELOPING – KEY SUPPORT BEING TESTED

Current Price: $0.0670

24h Drop: -3.87%

Category: Liquid Staking | Trend: Bearish

Timeframe: 4H / 1D

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KEY LEVELS TO WATCH:

Support 1: $0.0661 (24h low – immediate support)

Support 2: $0.0630 (multi-day base)

Resistance 1: $0.0695

Resistance 2: $0.0710 (supply zone)

TRADE SETUP (SHORT POSITION):

Short Entry Zone: $0.0678 – $0.0695

Targets:

TP1: $0.0660

TP2: $0.0632

Stop Loss: $0.0715

RISK MANAGEMENT:

Keep risk limited to 1–2% per trade

Confirm bearish continuation below $0.0660

Monitor volume and trend on lower timeframes for fakeouts

SUMMARY:

$CHESS/USDT is drifting lower with increasing sell volume. Price is now testing critical support at $0.0661. A break below could lead to deeper downside. Stay sharp and protect your capital!

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