$CHESS Liquid Staking Showing Bullish Momentum! ๐
On the 1h timeframe, $CHESS currently at $0.0767, up by a solid +6%! The 24h high is $0.0769, with a volume of 35M CHESS and 2M USDT. The RSI is climbing at 69, indicating increasing buying pressure.
โ Key Observation:
#CHESS is showing consistent upward momentum on the 1-hour chart, approaching its 24h high.
next Next Potential targets:
๐ฏ $0.0769 (24h high - immediate resistance)
๐ฏ $0.0780 (potential next resistance level)
๐ฏ $0.0800 (potential further resistance if momentum continues)
๐ก๏ธImportant Support Level (to watch for potential pullback):
๐ก๏ธ $0.0755 (potential near-term support zone)
๐ Stop Loss: Consider a stop loss around $0.0745 to manage risk.
๐ **Potential Price Path in the Next Hours:**
#CHESS is steadily gaining upward momentum as it approaches its 24-hour high of $0.0769. A sustained break above this level with increasing volume could lead to a move towards the $0.0780 resistance and potentially extend towards $0.0800. The rising RSI suggests continued upward potential in the short term. Keep an eye on volume for confirmation.
Buy and trade here on