$CHESS . **Potential Scenarios:**

Bearish Scenario (currently the most likely)

Breaking 0.0574 with a confirmed 4-hour close below it may open the door to a target of 0.0500-0.0400

Bullish Scenario (in case of a bounce)

Bouncing from 0.0574 with a close above 0.0600 may target *0.0800* (the main resistance).

Stop loss: below 0.0570

Volume: It is preferable to monitor trading volume when testing 0.0574 to measure the strength of selling/buying.

Time Frame: The period between May and June shows a clear dominance of bears (sellers).

#TradingTypes101