Technical analysis by CryptoAnalystSignal about Symbol CHESS: Buy recommendation (7/9/2025)

CryptoAnalystSignal

#CHESSThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.We have a bounce from the lower boundary of the descending channel. This support is at 0.0655.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside.There is a major support area in green at 0.0623, which represents a strong basis for the upside.Don't forget a simple thing: ease and capital.When you reach the first target, save some money and then change your stop-loss order to an entry order.For inquiries, please leave a comment.We have a trend to hold above the 100 Moving Average.Entry price: 0.0670.First target: 0.0712.Second target: 0.0748.Third target: 0.0806.Don't forget a simple thing: ease and capital.When you reach the first target, save some money and then change your stop-loss order to an entry order.For inquiries, please leave a comment.Thank you.