đ„$CHESS Current scenario | Breakout Recovery Play đ
Chess Price reclaiming structure after a strong liquidity sweep from 0.017 â 0.033.
Buyers stepping back in. Momentum building.
đ Trade Setup
Entry: Market (~0.0268)
SL: 0.02556
đŻ TP1: 0.02962
đŻ TP2: 0.03131
đ§ Market Structure
â Violent capitulation â sharp V-reversal
â Demand zone respected near 0.020â0.022
â Higher low formed on 1H & 4H
â Price pushing back into mid-range resistance
Higher lows forming = bullish pressure rising đ
đ Key Levels
Support: 0.0255 / 0.0235
Resistance: 0.0296 / 0.0313 / 0.0333
Break above 0.0296 â expansion leg likely
Lose 0.0255 â setup invalid
⥠Outlook
Short-term: Bullish continuation
Momentum favors upside squeeze toward range highs
Trade smart. Manage risk. Not financial advice.