$CHESS /USD Consolidates at $0.1851: Gearing Up for a Strategic Move?

$CHESS /USD is currently trading at $0.1851 on the 15-minute chart, showing signs of stabilization after rebounding from a low of $0.1712. The price faces a key resistance level at $0.1900, with solid support established at $0.1800. Traders can consider entering a long position at the current price of $0.1851, targeting incremental profit levels with TP1 at $0.1870, TP2 at $0.1890, and TP3 at $0.1900. To mitigate risk, a stop-loss (SL) is recommended at $0.1800.

The RSI suggests neutral momentum with a slight bullish inclination, while the MACD confirms steady buying pressure. This setup indicates potential for upward movement, especially if the price breaks above $0.1900. Keep an eye on volume and resistance testing for further confirmation.