CHESS/USDT — Long
2025-09-24 19:14
Long CHESS at 0.0682, target: in the green area on the picture, stoploss 0.0532.
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CHESS/USDT Long Trade Signal – September 24, 2025
CHESS reversed off 0.055 and is probing supply overhead. Long interest at 0.0682 with stop at 0.0532. A 4H body close through nearby resistance would open the path to the chart’s green take-profit area.
Market Context
CHESS, part of the DeFi ecosystem, is gaining attention as liquidity rotates back into altcoins while Bitcoin stabilizes above $112K.
Technical Analysis
- Trend: Reversal from 0.055 created a bullish base.
- Volume: Spikes show renewed investor interest.
- Resistance: Next test lies near 0.08.
Key Levels
- Entry: 0.0682
- Target: Chart green zone
- Stoploss: 0.0532
Risk Management
Allocate small size due to volatility. Consider scaling profits around 0.075–0.08.
FAQ
Q: Why trade CHESS?
A: DeFi tokens often benefit from liquidity rotation in bullish cycles.
Q: What’s the main risk?
A: Failure to hold 0.055 base could lead to deeper correction.
This CHESS signal is informational only, not financial advice.