🔷 $CHESS
/USDT Perpetual Futures Overview
Last Price: $0.06737
24h Change: +1.57% 🔼
Market Mood: ⚖️ Cautiously bullish with low immediate momentum
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📊 Market Summary
Metric Value
24h High $0.07273
24h Low $0.06335
Mark Price $0.06737
24h Volume (CHESS) 857.80M
24h Volume (USDT) $58.76M
Current Volume 389,398
MA(5) 11.91M
MA(10) 28.80M
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📉 Key Price Levels
Type Price Notes
Resistance $0.07273 24h high – potential breakout zone
$0.07024 Minor resistance above current price
Current $0.06737 Consolidating near mid-range
Support $0.06381 First key support level
$0.06059 Breakdown risk zone
$0.05810 Historical strong support
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📈 Technical Analysis
Indicator Signal
Trend Sideways to mild bullish
Momentum Weak – price above support but no surge
Volume Low – current volume significantly below MA(5/10)
MA Status MA(5) < MA(10) – mild bearish crossover, needs reversal
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📌 Trade Scenarios
🟢 Upside Continuation
Entry Zone: $0.06800–$0.06950
Target: $0.07200 → $0.07350
Stop-Loss: Below $0.06580
Trigger: Breakout volume + reclaim of MA(10)
⚠️ Buy the Dip Setup
Entry Zone: $0.06350–$0.06450
Target: $0.06720 → $0.07000
Stop-Loss: Below $0.06180
Trigger: Price reaction near 24h low
🔴 Bearish Breakdown Watch
Break Level: Below $0.06050
Target: $0.05800 → $0.05400
Condition: Failing support + spike in selling volume
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✅ Summary
CHESSUSDT is recovering, but volume remains low compared to its 5/10-period averages.
Watch for a break above $0.070 with strong volume for a bullish breakout.
If it drops below $0.0638, bears may regain control.
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