$CHESS USDT short trade signal 🛑 🚦

BEARS TAKE CONTROL, EYEING DEEPER DROP

CHESSUSDT has broken below key mid-range support, confirming bearish dominance in the short-term. Selling pressure is accelerating, and unless bulls reclaim lost levels quickly, the price is likely to slide toward the next major demand zone.

Trade Setup (Short):

Entry Zone: 0.07420 – 0.07460

Take Profit 1: 0.07250

Take Profit 2: 0.07080

Stop Loss: 0.07620

Market Outlook:

The trend is bearish with strong downside momentum on the 15m chart. Multiple failed attempts to reclaim the 0.0780 resistance have fueled selling pressure. Break of 0.0725 could open the door for a deeper correction towards 0.0700.

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