$CHESS /USDT – 4H Trade Setup
Market Insight:
$CHESS is showing strong bullish momentum with a +12.69% gain over the past 24H, fueled by high volume (65M CHESS). It's trading above key moving averages (MA 7/25/99), indicating continued upward pressure.
Entry Zone:
🔹 0.0780 – 0.0830 USDT
(Pullbacks to MA(7) and previous resistance zone now acting as support.)
Targets:
🎯 Target 1: 0.0875
🎯 Target 2: 0.0920
🎯 Target 3: 0.0990
Stop Loss:
⛔ 0.0740 (Below MA(99) and prior structure support)
Key Levels:
Support: 0.0780 / 0.0740 / 0.0713
Resistance: 0.0859 / 0.0875 / 0.0920
Pivot Point: 0.0835 (current market price)
Pro Tip:
Volume is rising while price is above all major MAs — a bullish continuation is likely. Use trailing stop if price breaks 0.0875 to ride momentum toward 0.09+. Watch for potential breakout over 0.0859 with volume confirmation.
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