$CHESS /USDT BULLISH RECOVERY IN PROGRESS – RECLAIM SETUP AFTER VOLATILE SPIKE ⚔️
$CHESS has printed a sharp +22% rebound from the demand zone, signaling aggressive dip-buying after heavy volatility. Price is compressing just below the MA cluster, a classic squeeze that often precedes a decisive expansion. A clean reclaim of the short-term averages opens the door for a fast continuation toward higher liquidity zones.
TRADE SETUP
• Entry Zone: 0.00840 – 0.00880
• Take Profit 1: 0.00940
• Take Profit 2: 0.01050
• Take Profit 3: 0.01200
• Stop Loss: 0.00790 (below demand / structure)
MARKET OUTLOOK
Momentum is recovering after a volatility flush, with strong volume confirming participation. Price is coiling below MA(7/25/99); a breakout and hold above 0.0091 would flip trend bias decisively bullish. As long as 0.0080–0.0082 holds, upside continuation remains favored. Failure to reclaim MAs keeps price range-bound.
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