$CHESS USDT Analysis - Breakout Confirmed! 📊🔥💯
Current Price: $0.1930
Trend: Strong rebound from the $0.1750 zone with sustained bullish momentum.
💹 Key Levels:
• Long Entry: Above $0.1950 after confirmed breakout, targeting $0.2050+.
• Short Entry: Below $0.1900 if price re-enters the demand zone, targeting $0.1800.
📈 Next Move: CHESSUSDT has broken through resistance near $0.1900 and is consolidating just above it. Buyers are defending this zone, signaling a potential rally continuation toward $0.2000 and $0.2100. Watch for volume spikes to confirm a strong bullish push.
🛡️ Strategy:
• Long-term traders: Accumulate on dips near $0.1900 with a stop loss at $0.1850.
• Short-term traders: Book partial profits at $0.2000, trailing stop losses to $0.1925.
🚨 Caution: A breakdown below $0.1900 could invalidate the bullish scenario, leading to a retracement toward $0.1800.
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