#CHESS/USDT — Accumulation Range Before a Potential ReversalCHESS / TetherUSBINANCE:CHESSUSDTCryptoAnalystSignal#CHESS The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.02950. The price has bounced from this level multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.03000 First target: 0.03090 Second target: 0.03191 Third target: 0.03324 Stop loss: Below the support zone in green. Don't forget a simple thing: capital management. For inquiries, please leave a comment. Thank you.