$CHESS Very High Risk ⚠️

CHESS

0.01063

-60.55%

Price saw a massive dump (~-66%) after the delisting notice. This is news-driven, not technical.

What the chart shows:

• Vertical sell-off from ~0.029 → 0.0057 low

• Small sideways base around 0.0085–0.0095

• This is dead-cat consolidation, not a reversal

Key levels:

• Support: 0.0057 (break = further bleed)

• Resistance: 0.0100 → 0.0120

Bias: ❌ Avoid longs

Any bounce is likely short-lived and purely speculative. Liquidity risk will increase closer to delisting date.

Bottom line:

This is capital-destruction territory, not a setup. Best trade = no trade.