#CHESS/USDT — Accumulation Range Before a Potential ReversalTranchess / USDTMEXC:CHESSUSDTCryptoAnalystSignal#CHESS The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is poised for a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 0.002123, and the price has bounced off this zone several times, making it a strong support level. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 0.002250 Target 1: 0.002400 Target 2: 0.002600 Target 3: 0.002840 Stop Loss: At the resistance zone in green. Remember this simple rule: Manage your money. For any questions, please leave a comment. Thank you.