♟️ $CHESS /USDT Technical Analysis (4H Chart) 📉 Current P
koinmilyoner
Updated at: 5 hours ago
{"content":"♟️ $CHESS /USDT Technical Analysis (4H Chart)
📉 Current Price: $0.0669 (–0.30%)
📊 Moving Averages:
MA(7): $0.0660
MA(25): $0.0633
MA(99): $0.0668
👉 Price is sitting right on top of MA(99) — a very critical zone where either breakout or rejection can unfold.
🔄 Coiling Beneath Resistance
CHESS made a solid recovery from the $0.056 low and is now consolidating tightly at the $0.067 area.
All major MAs have started to flatten and converge — indicating a volatility squeeze could soon resolve.
🔥 Momentum Snapshot:
MA(7) > MA(25) = short-term bullish
MA(99) = overhead resistance right now
Volume is decreasing, suggesting a decision point is near — breakout or fade incoming.
🧱 Key Levels:
Resistance: $0.0680 → $0.0710 → $0.0745
Support: $0.0650 → $0.0635 → $0.0610
🎯 Trade Setup:
A confirmed 4H candle close above $0.0680 would trigger a bullish continuation toward $0.072–$0.075.
Failure to break out could push price back to test $0.063–$0.065 as support.
Tight range = good for breakout traders, but needs volume + confirmation.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/b982f4ef40a548a8afc3b61b4e82674f.png"],"tags":[],"tradingPairs":["CHESS/USDT"],"quotearticleid":0}