$CHESS /USDT pair is currently flashing an intense narrative of recovery and high-stakes volatility, sitting at 0.02613 with a sudden +10.21% surge that has the bulls waking up. Looking at the 15-minute chart, the price action is carving out a aggressive "Monitoring" phase, characterized by sharp vertical spikes and equally rapid pullbacks, signaling a massive tug-of-war between liquidators and momentum buyers. Immediate support is solidified at the 0.02392 level, where the recent accumulation base formed, while a secondary safety net sits at the 24h low of 0.02146. On the flip side, the bulls are currently staring down a wall of resistance at 0.02740; a clean breakout above this high-wick rejection zone is mandatory to sustain the rally. If the volume—currently clocking in at a massive 382M CHESS—continues to swell and holds the price above the mid-range of this consolidation, the next target is the psychological barrier of 0.03000, with a moon-shot potential toward the 24h high of 0.03271. However, traders should exercise extreme caution as the long-term trend (1-year return of -76.49%) suggests this is a high-risk "Gainer" play where timing is everything—keep a sharp eye on those EMA crossovers for the next explosive move!
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CHESSUSDT
Perp
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