🔹 CHESS/USDT Technical Analysis

Current Price: 0.02748

24h Change: +17.09% (strong momentum)

Trend Status: Short-term bullish

📈 Market Structure

Price has recovered strongly from 0.0247, forming a higher low.

Volume is healthy (110M CHESS), confirming buyers are active.

CHESS is currently in a monitoring/gainer phase, often followed by continuation or sharp pullbacks.

🔑 Key Levels

Resistance

0.02855 – 0.02875 → Major intraday resistance (sell pressure zone)

0.0300 → Psychological level if breakout holds

Support

0.02710 – 0.02690 → Immediate support

0.02630 → Strong support (bullish structure holds above this)

0.02490 – 0.02470 → Critical demand zone (trend invalidation below)

⏱ Timeframe Bias

15m / 1h: Bullish but slightly overextended

4h: Bullish continuation possible if price holds above 0.0269

1D: Recovery phase after a sharp drop — still room upside if volume stays strong

🎯 Trade Scenarios

✅ Bullish Continuation

Hold above 0.0270

Break & close above 0.0286

Targets: 0.0295 → 0.0305

⚠️ Pullback / Correction

Rejection from 0.0285

Healthy dip toward 0.0269 – 0.0263

Best zone to watch for re-entry

❌ Bearish Warning

Daily close below 0.0247

Would signal trend weakness and deeper correction

🧠 Final Thoughts

CHESS is showing strong short-term strength, but since it’s already up sharply, chasing is risky. Best strategy right now:

Wait for pullback entries, or

Trade breakout only with volume confirmation

If you want, I can also do:

Scalping setup

Futures (leverage) plan

Indicator-based view (RSI, EMA, VWAP)

Just tell me 👌📉