🚨 $CHESS
CHESSUSDT
Perp
0.02787
-0.14%
#tranchess – short-term short
🔹 Trend: bearish 📉
The price has already significantly dropped from historical highs. Volatility is high – ideal conditions for futures shorting.
🔹 Accumulation: none 🐋
The top 100 addresses control < 9 % supply, no new whales in sight. This means: the risk of a sudden spike due to large players buying is minimal.
🔹 Liquidity and volumes: average 💧
Sufficient for short-term shorting, but one should monitor leverage and set stop-losses.
⚠️ Risks:
Possible short-term bounces 🔄
High volatility with low liquidity
🎯 Target for shorting: $0.03–$0.025
If the market doesn't get fueled by news or activity, these levels might serve as support.
💡 Advice:
Enter with small volumes, use stop-losses, watch for large transactions.
