$CHESS – FALLEN BUT STABILIZING? WATCH THIS ZONE!$CHESS took a steep fall from $0.0817 down to a local low of $0.0690 on the 1H chart, breaking key support with high volume. However, price action has now stabilized around the $0.0710 level, forming a short-term base.

📊 Market Snapshot:

Price: $0.0710

24H Range: $0.0698 – $0.0750

24H Volume (CHESS): 33.55M

SAR currently below price = Bullish hint

MA(5) crossing above MA(10) = Early recovery signs

📌 Trade Setup:

Entry: $0.0710

TP1: $0.0738

TP2: $0.0765

SL: $0.0680

🔍 After the volume spike and reversal candle near $0.0690, bulls are showing signs of regrouping. The SAR flip and sideways consolidation suggest a possible bounce — but confirmation is key.

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