$CHESS /USDT Bullish Breakout – Targeting $0.100 & $0.120**
CHESS is gaining momentum with a **+15.21%** surge to **$0.0886**, supported by strong volume (**129.71M CHESS / $10.94M USDT**). The **Liquid Staking** token is approaching its 24h high ($0.0925), signaling potential for further upside.
Trade Setup:
- **Entry Zone:** $0.085 - $0.089 (on pullback)
- **Stop Loss:** Below $0.080 (key support)
Targets:
- **1st Target: $0.100** (+12.8% from current)
- **2nd Target: $0.120** (+35.4% from current)
Key Drivers:
1. **Sector Momentum:** Liquid Staking narrative gaining traction
2. **Technical Strength:**
- RSI(6) at **78.99** (bullish but not extreme)
- Clear higher highs pattern
3. **Volume Support:** Trading volume 10x+ average
Risk Management:
- Take 50% profits at **$0.100**
- Move stop to **$0.095** for remaining position
- Consider full exit if RSI crosses **85+**
*Note: Monitor overall market sentiment as mid-cap altcoins can be volatile*
