CHESS/USDT has shown an increase of 4.02%, reflecting a bullish momentum in the short term. Currently, the price is at $0.0983, having reached a high of $0.1217 and a low of $0.0751 in the analyzed period.
The price behavior suggests high volatility, with rapid fluctuations between key supports and resistances. If it manages to break $0.1217, it could continue its ascent. However, if it loses support at $0.0983, a correction towards $0.0800 or $0.0751 could be at play.
Key Scenarios:
1. Bullish: Break above $0.1217 with significant volume.
2. Neutral: Consolidation in the range $0.0983 - $0.1217.
3. Bearish: Drop below $0.0983 activating lower supports.
Summary: 🟨 Neutral in the Short Term, ⬆️ Bullish if it exceeds $0.1217.
