$CHESS Potential Reversal Play! đŸ”„

$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.