$CHIP Down #Alert🔴


​📍 Entry: 0.04662 — 0.04743

🛑 SL: 0.04800

​🎯 TP1: 0.04617

🎯 TP2: 0.04568

🎯 TP3: 0.04479

🎯 TP4: 0.04350

​Technical View:

The short-term framework remains locked under firm bearish dominance, with the trailing Supertrend resistance ceiling acting as a major technical block up at 0.04800. Order book depth metrics heavily confirm intense localized selling pressure and distribution, with a dominant 58.78% of active volume stacked on the Ask side tightly capping any immediate upside expansion wicks. The price action is coiled to flush past its immediate 0.04617 intraday liquidity floor, where a clean technical breach will likely accelerate liquidations toward deeper demand levels.

#Write2Earn #EthereumSpotETFs216MWeeklyOutflow #NEARMarketCapExceedsThreeBillion #HassettOilDropFedRateCutRoom $POND

$PHA