$CHESS /USDT โ Early Signs of Recovery After Heavy Drop! ๐๐๐ฅ
Current Price: $0.0516 (+1.98%)
24H Range: $0.0476 โ $0.0533
Volume (24H): 24.64M CHESS
Category: Liquid Staking | Recovery Setup
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Whatโs Happening?
$CHESS just printed a potential bottom at $0.0473 after a brutal crash from $0.0805. Now trading back above $0.051, the 4H chart is showing the first higher low and steady green candles โ a classic early reversal signal in play!
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Key Levels to Watch:
Support: $0.0473
Immediate Resistance: $0.0529
Breakout Zone: $0.0535+
Mid-Target Zones: $0.0575 โ $0.0602
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Why It Looks ๐ฅ Bullish:
โ Strong defense of key support
โ Volume stabilizing after panic
โ Early bullish momentum forming
โ Candle body growth suggesting buyer re-entry
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Trade Setup Idea:
๐ฏ Entry Zone: $0.0500โ$0.0520
๐ฐ TP1: $0.0535
๐ธ TP2: $0.0575
๐ Final Target: $0.0602
๐ Stop Loss: $0.0465
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Pro Tip:
If #CHESS breaks above $0.0535 with volume, we may see a short-term trend shift. Smart entries now offer a favorable risk-reward setup.
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Donโt sleep on this recovery play โ CHESS might just surprise the market with a swift rebound!
Buy and Trade here on $CHESS
