$CHESS Long Liquidation: $6.42K at $0.06664

Longs just got liquidated — $6.42K flushed as price dropped to $0.06664. This is a warning shot: bulls are losing grip, and momentum is slipping to the downside.

Buyers were overleveraged, and the market punished them. If recovery doesn’t come fast, we could see further drop zones tested.

Downside Targets:

• TG1: $0.0642 — minor support, possible bounce area

• TG2: $0.0605 — previous consolidation base

• TG3: $0.0570 — strong demand zone and reversal point

Next Move:

If price fails to reclaim $0.067 quickly, more downside is likely.

Break below $0.0642 opens the path for a deeper correction.

Volume drop + long liquidation = bearish continuation setup.

CHESS just lost a round. If bulls don’t step in soon, the board belongs to the bears.

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