Price pushed up nicely earlier and tapped the 0.0315 zone, but that area acted as a clear rejection. After that, we saw a healthy pullback, and now price has reacted strongly from around 0.0302, which is acting as a short-term demand zone.

At the moment, $CHESS

CHESSUSDT

Perp

0.03053

+4.41%

is trying to stabilize after the dip. Buyers are stepping in, but momentum still needs confirmation. As long as price holds above 0.0302, the structure remains safe for a bounce attempt. A clean move back above 0.0310 would shift momentum bullish again, while failure to hold current levels could invite another retest of support.

Trade Levels to Watch:

Support: 0.0302 – 0.0300

Resistance: 0.0310 – 0.0315

Bullish continuation: Only after strong hold and push above resistance