$CHESS

/USDT – Short Trade Signal.!🔥🔴

$CHESS has pump from 0.0754 to 0.0927 followed by price rejection. Current price: 0.0872. Volume remains high, but price is starting to stall below resistance.

Short Entry Zone:

0.0885 – 0.0915 (look for weak bounce / rejection below 0.0925)

Targets:

1. 0.0820

2. 0.0775

3. 0.0740 (near full retracement)

Stop-Loss:

0.0935 (above recent high)

Tighter: 0.0922 (if using intraday scalp)

Setup Highlights:

– RSI overbought on 30m, beginning to curve down

– Bearish wick at 0.0927 suggests exhaustion

– Potential double top forming below 0.093 zone

Trigger Confirmation:

A 15m candle close below 0.0865 with weakening volume confirms short entry. First take-profit near 0.082 and adjust stop-loss accordingly.

Avoid shorting if 0.094 breaks with strength.

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