Market Overview for Tranchess/USDC (CHESSUSDC) on 2025-12-28

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Dec 28, 2025 8:18 am ET1min read
CHESS
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Aime RobotAime Summary

- Tranchess/USDC (CHESSUSDC) fell to $0.03434 on 2025-12-28 amid low-volume consolidation and bearish technical signals.

- Price action showed dark cloud cover patterns and a 0.03434–0.0345 support zone, with MACD turning negative and RSI nearing oversold levels.

- Bollinger Bands contraction and minimal turnover ($3,365.57) highlighted weak conviction, with 61.8% Fibonacci at 0.03451 offering short-term relevance.

- Risks favor further downside if volume remains muted, with key resistance at 0.03465–0.0348 and critical support near 0.03434.

Summary
• Price declined from $0.03479 to $0.03434 amid low-volume consolidation and bearish momentum.
• A 0.03465–0.0348 resistance range appears intact, with a potential support level at 0.03434–0.0345.
• Volume spiked briefly during the early session but has since dwindled, indicating low conviction.
• MACD turned bearish while RSI approached oversold, suggesting possible near-term stabilisation.
• Volatility expanded slightly in the morning before narrowing, pointing to a consolidation phase.

Tranchess/USDC (CHESSUSDC) opened at $0.03465 on 2025-12-28, peaked at $0.0348, and closed at $0.03434 by 12:00 ET. The 24-hour low was $0.03421. Total volume was 97,618.0 and turnover reached $3,365.57.

Structure and Candlestick Patterns


Price action displayed bearish continuation patterns such as a dark cloud cover and shooting star formations around the 0.03479–0.03465 zone. A key support level appears forming near 0.03434, where price consolidated for several hours with no significant movement.

Technical Indicators


MACD crossed into negative territory in the early morning, indicating bearish momentum. RSI dipped below 30, reaching the oversold region, which may hint at a short-term bounce. However, the lack of volume during this phase suggests a cautious outlook.

Volatility and Bollinger Bands


Bollinger Bands showed a moderate contraction during the morning hours, suggesting decreasing volatility and a period of consolidation. Price remained within the bands throughout the session, indicating no extreme price swings.

Volume and Turnover


Volume spiked early on during the $0.03467–$0.0348 range, but subsequent trading was characterised by low-volume periods, with several 5-minute candles showing no trading activity. Notional turnover mirrored this trend, lacking confirmation for a sustained move.

Fibonacci Retracements


On the 5-minute chart, the 61.8% retracement level at ~0.03451 appears to have acted as a minor support. The larger daily swing from ~0.0348 to ~0.03421 suggests that 0.0344 (61.8%) could be a critical level to watch for the next 24 hours.

The current bearish momentum may continue in the near term, especially with low volume supporting a consolidation phase. Investors should monitor the 0.03434–0.0345 range for signs of support hold or breakdown, with risks skewed to further downside if volume remains muted.