Market Overview for Tranchess/USDC (CHESSUSDC)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 30, 2025 10:15 am ET1min read
CHESS
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Aime RobotAime Summary

- Tranchess/USDC (CHESSUSDC) fell 26% to 0.03379, with key support at 0.0336–0.0338.

- Volume spiked to 23,820 near lows, while RSI hit oversold levels near 25, hinting potential rebounds.

- Bollinger Bands widened as volatility surged, with price near the lower band amid bearish dominance.

- Fibonacci retracements at 0.03385 (38.2%) and 0.0342 (61.8%) mark critical levels for near-term direction.

Summary
• Price dropped 26% from 0.03407 to 0.03379, showing bearish dominance.
• A large bullish 5-minute candle at 18:30 ET failed to hold gains, suggesting weak momentum.
• Volume surged to 23,820 at the lows, indicating accumulation or panic selling.
• RSI hit oversold territory near 25, hinting potential for a near-term bounce.
• Bollinger Bands widened as volatility increased, with price near the lower band.

At 12:00 ET on 2025-12-30, Tranchess/USDC (CHESSUSDC) opened at 0.03407, peaked at 0.03651, and closed at 0.03379 after a sharp decline. The 24-hour volume totaled 172,237.4 with 5,912.15 USD in turnover.

Structure & Formations


The price action reveals a strong bearish bias, with key support forming around 0.0336–0.0338. A potential 50% Fibonacci retracement level at 0.0340 could act as a near-term resistance if buyers return. A long lower shadow at 0.03402 on the final 5-minute candle suggests selling pressure at that level.

Moving Averages & Momentum


Short-term moving averages (20/50) on the 5-minute chart have been bearish, with price failing to cross above the 20-period line. RSI has fallen into oversold territory, suggesting potential for a countertrend bounce, though a sustained move above 0.03407 would be needed to confirm bullish momentum.

Volatility and Bollinger Bands


Volatility spiked sharply during the decline, with Bollinger Bands widening to accommodate the move. Price is currently near the lower band, suggesting extreme bearish pressure. A contraction phase might be expected in the next 24 hours if the market stabilizes.

Volume and Turnover


Volume spiked at the lows around 0.0328–0.0330, particularly during the 14:15–14:30 ET window, when 23,820 units traded. This could indicate accumulation or forced selling, depending on the context of underlying positions.

Fibonacci Retracements


Recent 5-minute swings show 0.03385 (38.2%) and 0.0342 (61.8%) as key Fibonacci retracement levels. If buyers step in near 0.0338, the 61.8% level could become a pivot for further testing of strength.

Looking ahead, the pair may test the 0.0336–0.0338 support cluster before a potential rebound. Traders should remain cautious of further downside risk, particularly if volume remains elevated and short-term indicators fail to confirm a reversal.