$CHESS
/USDT: Liquid Staking Surge and Bullish Momentum Gaining potential 馃挴馃敟馃搱馃幆
Current Data:
Price: $0.1952
24h High: $0.2021
24h Low: $0.1639
24h Volume (CHESS): 35.45M
24h Volume (USDT): 6.44M
Trade Strategy:
1. Bullish Continuation 馃幆
Entry: Price breaks above $0.1980 (indicating upward momentum).
Stop-Loss: $0.1850 (below recent support).
Target 1: $0.2020 (Resistance zone).
Target 2: $0.2080 (Next resistance level).
Target 3: $0.2150 (Psychological resistance).
2. Bearish Pullback 馃幆
Entry: Price falls below $0.1850 (confirming bearish trend).
Stop-Loss: $0.2025 (above recent high).
Target 1: $0.1750 (Support zone).
Target 2: $0.1700 (Extended downside).
Target 3: $0.1650 (Lower support level).
3. Range Trading 馃幆
Buy: Near $0.1700 (support zone).
Sell: Near $0.2000 (resistance zone).
Stop-Loss: Below $0.1650 (Buy), Above $0.2025 (Sell).
Target 1: $0.1850 (Range midpoint).
Target 2: $0.1950 (Range top).
Risk Management:
Position Size: Limit risk to 1-2% of your portfolio per trade.
Trailing Stop: Adjust trailing stops to secure profits if price moves upward.
CHESS shows solid upward potential. Watch for a breakout or pullback for the next opportunity in the liquid staking sector!
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