Analysis $CHESS

- Breakout Confirmed! 📊🔥💯

Current Price: $0.1930

Trend: Strong bounce from $0.1750 area with continued bullish momentum.

💹 Key Levels:

• Long Entry: Above $0.1950 after breakout confirmation, targeting $0.2050+.

• Short Entry: Below $0.1900 if price re-enters the demand zone, targeting $0.1800.

📈 Next Step: CHESSUSDT has broken resistance near $0.1900 and is consolidating just above it. Buyers are defending this area, suggesting a possible continuation towards $0.2000 and $0.2100. Watch for volume spikes to confirm a strong bullish push.

🛡️ Strategy:

• Long-term traders: Collect volumes on dips near $0.1900 with a stop loss at $0.1850.

• Short-term traders: Book partial profits at $0.2000, moving the stop loss to $0.1925.

🚨 Warning: A decline below $0.1900 may invalidate the bullish scenario, leading to a correction towards $0.1800.