📊 $CHESS Market Update – June 4th

$CHESS has caught some positive momentum today, climbing +11.62% to reach $0.0682 on the 1-hour chart. After a steady rise from the local low of $0.0602, the token tapped a 24h high of $0.0692, showing promising short-term strength.

🔍 What’s Happening?

Over the past several hours, CHESS has shown a clear upward structure with multiple green hourly candles. The recent breakout from consolidation around $0.0645–$0.066 seems to be gaining traction with decent buying volume.

📈 Key Metrics:

Current Price: $0.0682

24H High / Low: $0.0692 / $0.0602

Volume (24H): 35.97M CHESS / 2.37M USDT

Order Book Sentiment:

🔴 Sell: 52.21%

🟢 Buy: 47.79%

🕵️‍♂️ Trend Snapshot:

Today: +4.92%

7 Days: -13.78%

30 Days: +6.07%

90 Days: -31.04%

180 Days: -74.51%

1 Year: -64.95%

Despite strong hourly momentum, the broader trend is still weighed down by historical losses. This could be a short-term trading opportunity rather than a long-term reversal — so risk management is key here.

🧠 Quick Insight:

$CHESS belongs to the Liquid Staking category, a sector gaining interest as Ethereum and other chains push staking innovation. Today’s price action might reflect a short-term rotation into undervalued tokens.

📌 Conclusion:

CHESS is on the move — whether it’s the start of a breakout or just a bounce, it’s one to keep an eye on. Watch for volume confirmation and keep $0.0671 as a near-term support.

💬 Are you trading CHESS or staking it? Let’s discuss in the comments!

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