Certainly! Here’s an explanation of the price levels and resistance/support zones for Chess:
**Current Situation:** The price of Chess is at $0.2122, which is currently at a resistance zone. Resistance zones are levels where the price often struggles to rise above because selling pressure increases.
**If Price Breaks Resistance:** If the price manages to break above the current resistance at $0.2122, the next significant resistance level to watch is $0.2501. This is where the price might face another obstacle, as sellers might start to come in, potentially preventing the price from rising further.
**Support Levels:** If the price does not hold at $0.2122 and begins to fall, the next support level is $0.1691. Support levels are points where buying pressure could increase, potentially halting or slowing down the decline. If the price falls below $0.1691, it could continue to drop towards lower support levels at $0.142 and $0.1123. These are additional levels where the price might find some buying interest and stabilize.
**Summary:** To sum up, if Chess breaks through $0.2122, it might reach up to $0.2501. However, if it falls below $0.2122, it could drop to $0.1691, with further declines possible towards $0.142 and $0.1123. Monitoring these levels can help traders make informed decisions about buying or selling.
Disclaimer : I am Not Financial Adviser . If You Loss Money Its Your own Headache or Problem . Do Not Invest If You Think You always Gonna Make Money . (DYOR) Always Do You Own Research...
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.