$CHESS USDT โ RECOVERY MOVE, BULLS TRYING TO REGAIN CONTROL๐ฅ๐
CHESSUSDT
Perp
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On the 1H chart, CHESS has put in a higher low around the $0.022 area and is now pushing back toward the previous range highs. The bounce is steady, not a single spike, which shows improving buyer confidence after the earlier dump. Price is now reclaiming the mid-range near $0.027, an important level that previously acted as resistance.
If CHESS can hold above this zone, continuation toward the upper range becomes likely. Failure to hold would mean itโs still just a range bounce, not a full reversal yet.
Entry: 0.0255 โ 0.0270
TP1: 0.0295
TP2: 0.0320
TP3: 0.0335
SL: 0.0238
Momentum is improving, but structure isnโt fully flipped yet โ protect risk and secure partials near resistance. Holding above $0.025 keeps the bullish scenario valid.