$CHESS Potential Reversal Play! 🔥
$CHESS is trading at 0.0752 (+4.59%) after rebounding from its 0.0719 low.
This recovery comes after a recent sell-off, and the price is now approaching minor resistance near 0.0760.
A strong breakout above this zone could trigger a short-term bullish push.
Key Levels
• Resistance: 0.0760 – 0.0780 – 0.0800
• Support: 0.0740 – 0.0725 – 0.0719
Trade Setup
• Entry Zone: 0.0748 – 0.0752
• Stop Loss: 0.0735
🎯 TP1: 0.0760
🎯 TP2: 0.0780
🎯 TP3: 0.0800
Market Insight
Buyers are regaining momentum after defending the 0.0720 support.
If volume picks up, $CHESS could retest its daily high at 0.0800.
However, a rejection from 0.0760 may cause a pullback toward the support zone, offering another accumulation opportunity.