Short $CHESS

Entry: 0.0267 – 0.0269

Stop Loss (SL): 0.0282 (above key resistance and recent rejection zone)

Take Profit Targets:

TP1: 0.0260

TP2: 0.0255

TP3: 0.0250

Price is trading below the downward-sloping 20/50/100 EMA, keeping the trend firmly bearish.

Multiple bounce attempts into the 0.0275–0.0280 area are getting rejected, showing strong supply.

Market structure remains bearish with clear lower highs and lower lows on the intraday timeframe.

Buying pressure is weak and sellers are in control on every push up.

Current support is under pressure, and a breakdown looks inevitable if sellers continue to defend resistance.

Trade $CHESS here 👇

CHESS

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