$CHESS
The CHESS/USDT pair is currently trading at $0.1923, consolidating at key levels as traders brace for potential volatility. Hereโs the analysis:
๐น Support Levels:
The primary support is at $0.1900, where buyers have consistently stepped in. If it breaks, the next support lies at $0.1850, which could act as a strong safety zone.
๐น Resistance Levels:
Resistance is at $0.2000, a psychological barrier. A breakout above this could lead to a move toward $0.2100 or $0.2200.
๐ Trading Strategy:
For Bulls: Enter near $0.1900, with targets at $0.2000โ$0.2100 and a stop-loss at $0.1850.
For Bears: Short below $0.1900, targeting $0.1850, with a stop-loss at $0.1950.
With CHESS at a pivotal point, a breakout or breakdown could set the trend for the next move. Stay alert and watch volume closely! ๐โ๏ธ