$CHESS /USDT BULLISH REVERSAL UNDERWAY – WATCH FOR BREAKOUT

Current Price: $0.0893

24h Change: +16.80%

Timeframe: 1D Analysis

KEY LEVELS TO WATCH:

Resistance Zones:

$0.0900 (Immediate Resistance)

$0.0920 (Major Breakout Level)

Support Levels:

$0.0860 (Near-term Support)

$0.0825 (Key Bullish Validation Level)

TRADE SETUP (LONG POSITION):

Entry: $0.0890 – $0.0900 (On Confirmed Breakout)

Targets (TP):

• TP1: $0.0920

• TP2: $0.0960

• TP3: $0.1000

Stop Loss (SL): $0.0845 (Below Key Support)

RISK MANAGEMENT:

Risk only 1-2% of capital per trade. Wait for candle close above resistance for confirmation. Use trailing stop once TP1 hits to lock in gains.

CHESS looks primed for a bullish breakout after consolidating above support. Volume spike confirms buyer strength – eyes on $0.0920 for continuation!

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