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♟️ $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}

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