🚨 $CHESS /USDT – Bearish Breakdown Alert! (SHORT OPPORTUNITY) 🔻
📍 Current Price: $0.06392 (-1.2%)
📉 Market Structure: Rejection at $0.0692 → Lower highs forming → Bearish momentum building!
🔥 WHY THIS SHORT SETUP LOOKS JUICY
✅ Failed Breakout: Price got rejected hard at $0.0692 resistance.
✅ Lower Highs on 1H Chart: Sellers are stepping in.
✅ Weak Bounces: Every recovery attempt gets sold into.
🎯 TRADE PLAN (High Probability Short)
🔻 Entry Zone: $0.0655 – $0.0668 (Sell the bounce!)
🎯 Targets:
1️⃣ $0.0635 (Quick 3-5% scalp)
2️⃣ $0.0612 (7-10% drop – secure profits!)
🛑 Stop Loss: $0.0685 (Above recent swing high)
📊 Key Levels:
Resistance: $0.0692 (Strong sell zone)
Support: $0.0632 (First target) → Break this and $0.0612 is next!
💡 PRO TRADER TIPS
✔ Wait for confirmation: A 1H close below $0.0653 = stronger signal.
✔ Watch order flow: If bids thin out below $0.0650, downside accelerates.
✔ Risk management: Size small – this is a momentum play, not investment.
🚨 WARNING:
If $0.0692 breaks, this setup is invalid (flip to long).
BTC moves matter – If Bitcoin dumps, $CHESS drops harder.
💬 POLL: WILL $CHESS HIT $0.0612?
🐻 "Shorting this – bearish structure!"
🔄 "Waiting for better entry"
🚀 "Nah, buying the dip!"
#CHESS #ShortTrade #Bearish #TradingSetup #BinanceAlpha
👇 Drop a 🔻 if you’re riding this downtrend!