$CHESS
CHESSUSDT
Löpande
0.0281
-10.16%
/USDT SHORT TRADE SETUP
$CHESS is trading at 0.03096, showing significant bearish momentum on the 15m chart after a sharp rejection from the high. The price is trading below its key Moving Averages (MA(7) at $0.03111, MA(25) at $0.03127), which now serve as resistance, confirming a bearish bias and targeting the 24h Low of 0.03055.
Target Points
TP1: 0.03078 (Recent swing low/support level)
TP2: 0.03055 (24h Low)
TP3: 0.03020 (Next potential support level)
Stop Loss
Set stop loss above the MA(7) and the recent consolidation high, specifically at 0.03125, to limit upside risk.
Sell and Trade here on $CHESS