$CHESS is showing strong bullish momentum, climbing 6.71% on $1.67M volume as it tests a critical resistance zone at $0.0767. The 4H RSI sits at 62, reflecting sustained momentum without overextension.
This setup suggests a breakout is likely if buying continues.
Aggressive entry lies in the $0.076–$0.077 zone, aiming to ride the break above the 24h high, while conservative buyers might look for a pullback to the $0.073–$0.074 range near the EMA20.
Profit targets are set at $0.080 (a key psychological level), $0.083 (liquidity zone), and $0.085 (measured breakout move).
A stop loss below key structure at $0.070 is prudent, and position sizing should be limited to 0.5–1% due to relatively low liquidity and volatility risk.
A confirmed 1H close above $0.077 would further validate bullish continuation.
Trade here 👉🏻 $CHESS