📊 General Market Update: $CHESS /USDT
CHESS is trading at $0.0622 (+6.56%), showing a decent bounce within the Liquid Staking sector. Volume hit 22.16M CHESS ($1.31M), with price moving between $0.0568 – $0.0625 in the last 24h.
Despite strong intraday momentum, long-term performance remains heavily negative (−63% YoY), meaning this is more of a short-term relief push than a trend reversal.
🎯 Upside targets: $0.0635 ➡️ $0.0650
⚠️ Key downside level: $0.0567 — losing it risks deeper slide.
Short-term bias: Cautiously Bullish, but still a recovery play in a downtrend.
