$CHESS / USDT – Showing Bullish Potential! ♟️
$CHESS is currently trading at $0.0762, up by a respectable +4.38%. The 4-hour chart shows a series of green candles indicating upward momentum, and the price is testing recent highs. Volume seems to be picking up.
Potential Trade Setup:
Entry: Consider potential entries around the current price or on slight pullbacks towards $0.0755, looking for support.
Target 1: $0.0770 (recent high)
Target 2: $0.0785
Final Target: $0.0800+ (depending on sustained momentum)
Stop Loss: Place a stop-loss below recent swing lows, perhaps around $0.0745, to manage risk.
Key Observation: The consistent upward movement suggests growing bullish interest. Watch for a break above the $0.0770 level with increasing volume for potential continuation.
Remember to always conduct your own research before making any trading decisions.