$CHESS / USDT – Potential Short Setup in Play! 🧩📉

$CHESS is hovering at $0.0671 after a failed breakout near the $0.0734 resistance level. The recent sharp rejection on the 4H chart, followed by a lower high, suggests bearish pressure may build.

📉 Short Trade Setup:

Entry Trigger: Below $0.0660 (bearish confirmation)

Target 1: $0.0630

Target 2: $0.0600

Target 3: $0.0565

🛡️ Stop-Loss: $0.0698 (above recent highs)

🔍 Pro Tip: Look for increasing sell volume and a strong 4H close below $0.066 to validate downside momentum. Watch for lower lows and RSI divergence to strengthen conviction.

{futures}(CHESSUSDT)

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