🚨 $CHIP REJECTED AT INSTITUTIONAL SUPPLY — TIME TO SHORT THE BOUNCE! 🔴
Entry: 0.0255 - 0.0262 ⚡
Targets: 0.0242 / 0.0230 / 0.0215 🚀
Stop Loss: 0.0270 ⚠️
📉 The market just delivered a textbook rejection off the institutional supply zone — buyers got faded precisely at the mitigation block on the higher timeframe. This isn't a random dump; it's the signature of distribution. 🦈
Big wallets are already sitting in profitable shorts, and they aren't covering. That tells me the path of least resistance remains lower. With entry at 0.0255-0.0262, we're selling into the bounce with the trend, not against it. 📊
💬 Do you see the same supply zone on your chart, or are you waiting for one more sweep before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHIP #ShortSetup #SupplyZone #Shorting #Crypto
🐻 🎯
Entry: 0.0255 - 0.0262 ⚡
Targets: 0.0242 / 0.0230 / 0.0215 🚀
Stop Loss: 0.0270 ⚠️
📉 The market just delivered a textbook rejection off the institutional supply zone — buyers got faded precisely at the mitigation block on the higher timeframe. This isn't a random dump; it's the signature of distribution. 🦈
Big wallets are already sitting in profitable shorts, and they aren't covering. That tells me the path of least resistance remains lower. With entry at 0.0255-0.0262, we're selling into the bounce with the trend, not against it. 📊
💬 Do you see the same supply zone on your chart, or are you waiting for one more sweep before pulling the trigger? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CHIP #ShortSetup #SupplyZone #Shorting #Crypto
🐻 🎯