š $CHESS /USDT Analysis: Building Momentum!
š° Current Price: $0.2073 (+9.16%)
šÆ Key Levels:
ā¢ Resistance: $0.2100
ā¢ Support: $0.2000
ā¢ Breakout Zone: Above $0.2100
š Trade Setup:
ā¢ Entry Range: $0.2050 - $0.2070
ā¢ Take Profit (TP):
ā¢ TP1: $0.2150
ā¢ TP2: $0.2200
ā¢ Stop Loss (SL): $0.2000
š 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.
ā” Recommendation:
ā¢ Enter near $0.2050-$0.2070 with stops below $0.2000.
ā¢ Take partial profits at $0.2150 and trail stops for higher targets.
Stay disciplined and trade with confidence!