$CHESS On the 15-minute chart, CHESS/USDT dipped to 0.02725, grabbed liquidity, and snapped back with strength. That bounce wasn’t random. Buyers stepped in fast, pushing price toward 0.02856, showing clear demand after the sweep. Right now, price is holding around 0.02836, consolidating instead of dumping — that’s important.
The structure tells a simple story. Sharp sell-off, quick recovery, then controlled pullback. No panic. Volume stays healthy at 13.68M CHESS in the last 24 hours, which means interest hasn’t disappeared. The range is tight, and tight ranges usually don’t stay quiet for long.
Immediate support sits near 0.0280–0.0277. As long as this zone holds, bulls remain in control. A clean push above 0.0286 opens the door toward the 0.0290+ area, which aligns with the 24h high. Lose support, and the wick zone becomes the next test.