đ¨$CHESS /USDT READY FOR A BREAKOUT OR PULLBACK? MAJOR OPPORTUNITY AHEAD!đ¨
The CHESS/USDT pair is showing significant momentum, currently trading at 0.1572 USDT after a strong upward push. The 4-hour chart reflects a clear break above previous resistance at 0.1500 USDT, which is now acting as strong support. If CHESS maintains this level, the next potential upside targets are 0.1630 USDT and beyond.
đĄ Key Levels to Watch:
⢠Resistance: 0.1630 USDT â A breakout above this level could propel CHESS toward 0.1700 USDT in the short term.
⢠Support: 0.1500 USDT â A breakdown below this could trigger a decline to 0.1410 USDT.
đŻ Trade Entry Strategies:
⢠Long Entry: Buy near 0.1570 USDT, targeting 0.1630 USDT with a stop loss at 0.1500 USDT.
⢠Short Entry: Consider shorting if CHESS rejects resistance at 0.1630 USDT, aiming for 0.1450 USDT, with a stop loss at 0.1655 USDT.
This chart signals a critical decision pointâwhether to ride the potential bullish breakout or watch for signs of rejection and a pullback. Keep an eye on volume and momentum!
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