CHESS is getting interesting now—the price has bounced back to around 0.0337, but it’s still below the short-term moving average and the 99-hour moving average at (0.0346 and 0.0341), so the trend is still pretty tangled.

If it can break cleanly above the 0.034 to 0.035 range, then there’s room to move up to 0.040 or even 0.050 (which is where the previous surge topped out). On the downside, there’s a cushion around 0.030, with stronger support at the low point of 0.0261.

As for volume—there’s definitely potential. Buy orders are strong during the upswings, but there’s also selling pressure at the upper wicks. Want the bull trend to continue? It’ll have to conquer those moving averages first; otherwise, it’s just a rebound.