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...
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