♟️ $CHESS /USDT Slipping Lower – But Support May Be Near! 🧠
$CHESS is trading at $0.0710 (-1.93%), approaching its 24h low of $0.0657 after a sharp decline from $0.0822. Price is now below all key EMAs, signaling short-term weakness:
EMA(7): $0.0729
EMA(25): $0.0756
EMA(99): $0.0741
Still, with 93.94M CHESS traded, volume is strong — setting the stage for a potential bounce from demand zone near $0.068–$0.071.
📊 Trading Plan: • Entry Zone: $0.0680 – $0.0715
• Take Profit 1: $0.0735
• Take Profit 2: $0.0765
• Take Profit 3: $0.0795
• Stop Loss: $0.0645
📌 Ideal setup for short-term traders eyeing reversals after liquidations.
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