🚀 $CHESS /USDT Analysis: Building Momentum!
💰 Current Price: $0.2073 (+9.16%)
🎯 Key Levels:
• Resistance: $0.2100
• Support: $0.2000
• Breakout Zone: Above $0.2100
📊 Trade Setup:
• Entry Range: $0.2050 - $0.2070
• Take Profit (TP):
• TP1: $0.2150
• TP2: $0.2200
• Stop Loss (SL): $0.2000
📈 Insights:
1. CHESS is trading close to its resistance at $0.2100, signaling a possible breakout if volume sustains.
2. A bullish candlestick formation supports the continuation of the upward trend.
3. Watch for a confirmed breakout above $0.2100 to target higher levels.
⚡ Recommendation:
• Enter near $0.2050-$0.2070 with stops below $0.2000.
• Take partial profits at $0.2150 and trail stops for higher targets.
Stay disciplined and trade with confidence!