🤖 AI Insight

Based on the 1-day technical analysis of CHESSUSDT:

**Recommendation:** Go long with a stop-loss at 0.0625 and a target price at 0.1100.

**Entry price:** Look for a long entry at 0.0700 when the price rebounded from the support level at 0.0442 and the RSI14 bounced back from the oversold region.

**Best spot buy price:** Wait for a pullback and look to buy at 0.0650 to avoid a high entry price.

**Rationale:**

1. The price is approaching the support level of 0.07, which has been a strong support zone in the past.
2. The RSI14 indicates that the asset is oversold, which may lead to a rebound in the price.
3. The MACD is bullish, indicating a potential upward trend.
4. The increasing volume trend suggests growing buying pressure.

However, be cautious of the resistance level at 0.1581, and adjust your stop-loss accordingly.