🔷 $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.

Would you like a live chart, momentum oscillator check, or real-time scalping levels next?

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