### CHART ANALYSIS: $CHESS /USDT
Current Price: $0.00869
Trend: Extremely volatile. Up +23.26% on high volume, but the chart shows a rapid pump followed by sharp retracement from the 24h high of $0.02400 to current levels. This indicates a possible dead cat bounce or distribution after a massive sell-off.
Key Levels:
- Resistance: $0.00915 (MA7), $0.00936 (recent high)
- Support: $0.00827 (current low), $0.00749 (swing low)
- Major Resistance Above: $0.00985 – $0.01000 (MA99 zone)
Volume: High volume confirms strong interest but be cautious—it could be profit-taking.
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### TRADE SETUP
#### 📈 SPOT TRADE (High Risk – Only for Quick Scalp)
Entry Zone: $0.00825 – $0.00845
(Wait for pullback. Do NOT chase the pump.)
TP1: $0.00895
TP2: $0.00935
SL: $0.00795
Close Spot If: Price breaks below $0.00820.
#### ⚡ FUTURES TRADE (5x MAX – Isolated)
Long Entry: $0.00830 – $0.00850
TP: $0.00930
SL: $0.00800
Short Setup (If Rejection): Below $0.00820
Short TP: $0.00750
Short SL: $0.00840
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### 🔮 NEXT MOVE PREDICTION:$CHESS
- Bullish if holds above $0.00870 and breaks $0.00915 → could test $0.00985.
- Bearish if loses $0.00820 → fast drop to $0.00750 or lower likely.
Warning: This coin is in "Monitoring" on Binance and has shown extreme volatility (+23% today after a huge drop from $0.024). Trade small and use tight stops.
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### 📲 READY-TO-POST FOR BINANCE SQUARE:
```
⚠️ $CHESS Volatility Alert ⚠️
+23% today but trading far below 24h high ($0.024 → $0.00869). High risk, high reward.
🔁 Spot Entry: $0.00825 – $0.00845
TP: $0.00895 → $0.00935
SL: $0.00795
⚡ Futures (5x):
Long: Same zone | TP: $0.00930 | SL: $0.00800
Short if breaks $0.00820 | TP: $0.00750 | SL: $0.00840
Volume high. Trade small, stop tight.
#CHESS #TradingSignal #HighRisk #Binance #Crypto
```
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Final Advice:
Given the extreme volatility and “Monitoring” tag, consider this a short-term scalp only. Do not hold overnight. Use the post above to warn followers about the risk while giving clear levels.
Stay safe and watch $0.00820 closely. Let me know if you need another coin analyzed.
