Current price: $CHESS 0.02853 USDT

24h: +21%

RSI (14 on 24h): 50.92 — neutral zone, no overbought conditions, but after a strong momentum impulse, it looks healthy. This is a classic sign that the pump may continue if volumes and interest hold.

Analytics:

CHESS (Tranchess) — A DeFi protocol with chess mechanics for staking and yield optimization. The latest pump is likely related to the overall altcoin season, the growth of TVL, or news about the ecosystem (check the latest project updates). The RSI in the middle of the range indicates that the market is not overheated, there is room for growth, but volatility is high — we await confirmation on the 4H/1D timeframes. Key resistance level ~0.032–0.035, support ~0.025–0.026. If we hold above 0.027, bulls may push to 0.04+.

Bullish scenario (continuation of the pump):

Entry: on the pullback $CHESS 0.027–0.028

TP1: 0.033 ( +15–18%)

TP2: 0.038 ( +33–40%)

SL: 0.0265 (≈ -5–7% from entry, rounded)

After +10–15% — move SL to breakeven.

Bearish scenario (pullback/trap):

Short entry: break below 0.0265

TP1: 0.023

TP2: 0.020

SL: 0.029 (≈ +4–5%)

Recommendation: use no more than 1–3% of the deposit per trade — CHESS is very volatile. Always set SL, trail profits, and don’t chase FOMO.

What do you think — continuation of growth or dump? Share your forecasts in the comments! 👇

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#CHESS #Binance #Crypto #Trading #Altcoins