🔥 $CHESS /USDT Rebounds +7.4% – Breakout Brewing from Liquid Staking Sector? 🚀📈
$CHESS is gaining traction with a solid rebound from its $0.07 support. The Parabolic SAR sits at $0.0708, confirming a short-term bullish shift. Volume is rising and the chart hints at a possible breakout above local resistance.
🎯 3 Technical Targets to Watch:
✅ Target 1: $0.0785 – Slightly above the 24h high, a short-term resistance zone.
✅ Target 2: $0.0820 – A key level from past consolidation.
✅ Target 3: $0.0880 – Strong resistance; breaking this could confirm a bullish reversal.
⚠️ Support & Resistance Levels:
🔻 Support: $0.0708 (SAR) – Holding this level keeps bulls in control.
🔺 Resistance: $0.0775–0.0785 – Needs a clean breakout here for further upside.
📈 Market Insights:
Volume is climbing: $4M in 24h
Momentum is picking up with clear recovery signs.
Liquid Staking narrative may boost interest in CHESS.
🚨 Final Thoughts:
CHESS/USDT is shaping up for a technical breakout. With a clean push above $0.0785, this could turn into a trend continuation. Short-term bulls should watch volume and RSI for confirmation.
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